Indy Colonial Apartments

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402-406 N Delaware St, Indianapolis, IN 46204
(463) 800-7998
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Indy Colonial Apartments

402-406 N Delaware St
Indianapolis, IN 46204
(463) 800-7998
Indy Colonial Apartments in Indianapolis, IN - Building Photo
Income Restrictions
  • 1–2 Bedrooms
  • $1,200–$1,250Rent Pricing
  • 960–980Square Feet

About Indy Colonial Apartments

Please come see our completely renovated apartment homes equipped with state of the art appliances, serious style and the most convenient location in town. Colonial Apartments is located at the intersection of Delaware & Vermont Streets in downtown Indianapolis. The community is one block from the Mass Ave. Cultural District full of distinguished eateries, art galleries, theatre and entertainment. Travel one half mile to monument circle for fine dining, and world class shopping.

Indy Colonial Apartments is located in the Circle City Neighborhood and 46204 Zip code of Indianapolis, IN. This community is professionally managed by Meridian Management Corporation

Unique Features and Amenities

  • Community Courtyard
  • Dog Stations
  • Gym
  • Historic Character
  • Modern Baths
  • Stainless Steel Appliances
  • Urban Chic Apartments

See All Amenities

Property Contact Info

Floorplan Pricing and Availability

Indy Colonial Apartments offers 1 to 2 Bedroom apartments starting from $1,200 and having 960–980 sq ft. Here is the current pricing and availability:

  • 1 Bedroom

    $1,200

    One Bedroom

    1 Bed, 1 Bath, 980 sq ftAvailable Now

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,200Available NowOne Bedroom980 sq ft

    Model Amenities and Features

    Features

    • Air Conditioning
    • Cable Ready
    • Handrails
    • Heating
    • High Speed Internet Access
    • Intercom
    • Security System
    • Skylights
    • Smoke Free
    • Tub/Shower
    • Wi-Fi

    Kitchen

    • Disposal
    • Eat-in Kitchen
    • Freezer
    • Kitchen
    • Microwave
    • Oven
    • Quartz Countertops
    • Range
    • Refrigerator
    • Stainless Steel Appliances
    • Warming Drawer

    Model Rent and Fees

    Price

    • $1,200
  • 2 Bedrooms

    From $1,250

    Two Bedroom

    2 Beds, 1 Bath, 960 sq ftAvailable Now

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,250Available Now202960

    Unit 202 Amenities and Features

    Features

    • High Speed Internet Access
    • Smoke Free

    Unit 202 Rent and Fees

    Price

    • $1,250

    Model Rent and Fees

    Price

    • $1,250 - $1,500
Price shown is base rent and may not include non-optional fees and utilities. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.

Schedule a Tour

Schedule a Tour
Call us at: (463) 800-7998 to schedule a tour.

Property Information

  • 39 Units
  • 3 Stories
  • Built in 1980

Income Restrictions At Indy Colonial Apartments

Income restrictions apply to some or all residents. Contact the community for more information.

# PersonsAnnual Income
1$2,700
income restriction

To qualify, you must be equal to or below those in the chart, based on the number of persons living in the dwelling.

Lease Terms

  • 12 months

Utilities Included

  • Trash Removal

Pet Policy

Pet Policy - Cats

  • $250 Deposit Is Refundable
  • $20 Monthly Pet Rent
  • Must Be Declawed
  • $250 Deposit

Pet Policy - Dogs

  • 40 Lb Weight Limit
  • $250 Deposit Is Refundable
  • $250 Deposit
  • Pet Interview Required
  • $20 Monthly Pet Rent
  • Must Be Spayed/Neutered
  • Breed Restrictions

Parking Fees & Info

Parking Other

  • Christian Place 9th & Alabama

Fee & Deposit Info

One-Time Fees

  • $35 Application Fee

Features and Amenities

Unique Amenities

  • Community Courtyard
  • Dog Stations
  • Gym
  • Historic Character
  • Modern Baths
  • Stainless Steel Appliances
  • Urban Chic Apartments

On-Site Services

  • Renters Insurance Program
  • Video Patrol
  • 24 Hour Access
  • Key Fob Entry
  • Laundry Facilities

Community Features

  • Walk Up

Outdoor Features

  • Courtyard
  • Picnic Area
  • Controlled Access

Recreation and Fitness

  • Fitness Center
  • Bicycle Storage

Interior Features

  • Skylights
  • Security System
  • Tub/Shower
  • Intercom
  • Handrails
  • High Speed Internet Access
  • Heating
  • Cable Ready
  • Air Conditioning
  • Wi Fi
  • Smoke Free

Kitchen Amenities

  • Warming Drawer
  • Disposal
  • Freezer
  • Kitchen
  • Stainless Steel Appliances
  • Range
  • Refrigerator
  • Eat In Kitchen
  • Microwave
  • Quartz Countertops
  • Oven

Living Area Features

  • Large Bedrooms
  • Views
  • Vaulted Ceiling
  • Basement
  • Bay Window
  • Dining Room
  • Linen Closet
  • Recreation Room
  • Vinyl Flooring
Google Map

Map

402-406 N Delaware St, Indianapolis, IN 46204

Hours and Contact Info

Call Us - Open Now!
Currently Closed
By Appointment
Monday9:00 am–5:00 pm
Tuesday9:00 am–5:00 pm
Wednesday9:00 am–5:00 pm
Thursday9:00 am–5:00 pm
Friday9:00 am–5:00 pm
SaturdayBy Appointment
SundayBy Appointment

Getting Around

Walk Score®

99 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

98 / 100

Biker's Paradise

Daily errands can be accomplished on a bike

Transit Score®

65 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Indy Colonial Apartments

Where is Indy Colonial Apartments located?

Indy Colonial Apartments is located at 402-406 N Delaware St near the Circle City area of Indianapolis, IN

What is the current rent range at Indy Colonial Apartments?

1 Bedroom to 2 Bedroom Apartments at Indy Colonial Apartments currently range from $1,200 to $1,250

When is the leasing office open?

  • The office Hours for Indy Colonial Apartments are
  • Monday 9:00 am–5:00 pm
  • Tuesday 9:00 am–5:00 pm
  • Wednesday 9:00 am–5:00 pm
  • Thursday 9:00 am–5:00 pm
  • Friday 9:00 am–5:00 pm
  • Saturday By Appointment
  • Sunday By Appointment

Are pets allowed?

Call us today to find out our pet policy and if we allow pets

Lifestyle Ratings

  • Affordability Nice Value3.2

    The Indy Colonial Apartments Apartments are 32.7% cheaper than the average apartment in the Circle City area, and 21.45% cheaper than the average apartment city-wide.

    Rent Comparison to the Circle City Neighborhood

    FloorplanLowest Price HereNeighborhood Avg RentNbhd Avg RentCost Difference%
    1 Bedroom$1,200$1,558-$358-23.0%
    2 Bedroom$1,250$2,172-$922-42.4%

    Rent Comparison to the city of Indianapolis

    FloorplanLowest Price HereCity Average RentCost Difference%
    1 Bedroom$1,200$1,422-$222-15.6%
    2 Bedroom$1,250$1,720-$470-27.3%

    Methodology: On 04/12/2025, ApartmentHomeLiving.com compared current rents by floorplan to 292 other apartment communities in the immediate area around Indy Colonial Apartments (Circle City), and 1858 other apartment communities in Indianapolis using today’s up-to-date pricing using the sum/count averaging formula. This data will be updated in real-time as prices fluctuate.

    Rent Pricing Data as of 04/12/2025

  • Transit Friendly 3.8

    Transit Friendly apartments feature a fantastic location and great access to local mass transit.

Learn more about Lifestyle Search

Renters Reviews and Ratings

4.0
0 Renters Reviews
ⓘ How is this Rating Determined?The property ratings on ApartmentHomeLiving.com are created using a 5-star scale that includes average renter review scores combined with building ratings to determine an overall blended property score.

Building ratings are based on a community’s features, including the building design, construction, exterior spaces, and amenities. To learn more about the CoStar Building Rating System, refer to our official guidelines here.

Nearby Schools

Washington Irving School 14

Indianapolis Public Schools
1250 East Market Street
Public School - Grades PK-6 (451 Students)
In Attendance Zone3 minute drive / 1.0 miles away
School data provided by GreatSchools.
details
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on scale of 1 (below average) and to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider needs as part of the school selection process.

About GreatSchools Data on ApartmentHomeLiving.com.

Points of Interest

Time and distance from Indy Colonial Apartments.

Arts Museums and Landmarks

500 South Capitol Ave
1 minute drive / 0.21 miles away
50 W. Washington Street
1 minute drive / 0.51 miles away
140 W. Washington Street
1 minute drive / 0.6 miles away

Big Box and Retail

Walgreen's
1530 N Meridian St
3 minute drive / 1.29 miles away
Cvs/Pharmacy
1545 N Meridian St
3 minute drive / 1.3 miles away
Kroger
4445 E 10th St
6 minute drive / 3.07 miles away

Colleges and Universities

425 University Blvd
4 minute drive / 1.45 miles away
50 West Fall Creek Pkwy
5 minute drive / 2.41 miles away
3200 Cold Spring Rd
9 minute drive / 4.22 miles away

Groceries

Kroger
4445 E 10th St
6 minute drive / 3.07 miles away
Save-A-Lot
2930 E 38th St
9 minute drive / 4.35 miles away
Aldi
6691 E Washington St
11 minute drive / 5.2 miles away

Hospitals

Eskenazi Health
720 Eskenazi Avenue
4 minute drive / 1.44 miles away
Indiana University Health
1701 N Senate Blvd
4 minute drive / 1.64 miles away
Neurodiagnostic Institute
5435 E 16th St
8 minute drive / 4.12 miles away

Military Bases

10 minute drive / 5.04 miles away

Parks and Recreation

1230 North Delaware Street
2 minute drive / 0.97 miles away
White River State Park
4 minute drive / 1.38 miles away
2505 Conservatory Drive
5 minute drive / 2.75 miles away

Indy Colonial Apartments has 4 parks within 2.8 miles, including Benjamin Harrison House, White River State Park, Garfirled Conservatory, and SpaceQuest Planetarium.

Restaurants and Dining

415 North Alabama Street
1 minute drive / 0.24 miles away
320 North Meridian St
1 minute drive / 0.44 miles away
317 South College Avenue
1 minute drive / 0.6 miles away

Shopping Centers

50 S Meridian St
1 minute drive / 0.54 miles away
229 S Delaware St
1 minute drive / 0.56 miles away
155 W Washington St
1 minute drive / 0.63 miles away

Indy Colonial Apartments has 5 shopping centers within 1.0 miles.

Nearby Neighborhoods

Studio to 3 Bedroom Apartments from $605
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Studio to 3 Bedroom Apartments from $605
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Studio to 3 Bedroom Apartments from $605
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Rental Price Ranges in the Area

BedroomAverage RentCheapest RentHighest Rent
Indianapolis Studio Apartments $1,244$585$6,201
Indianapolis 1 Bedroom Apartments $1,422$285$4,072
Indianapolis 2 Bedroom Apartments $1,720$700$7,871
Indianapolis 3 Bedroom Apartments $2,018$899$8,137
Indianapolis 4 Bedroom Apartments $2,045$700$5,850
Indianapolis 5 Bedroom Apartments $5,926$2,450$10,000+

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Viewing: Indy Colonial Apartments | Desktop Version | Listing Updated: 04/09/2025 | AHLSLV