Photos












- Studio–1 Bedrooms
- $1,199–$1,599Rent Pricing
- 500–950Square Feet
Rent Specials
Half off first full months rent is moved in by 4/15!!
About Lofts on Madison
501 Madison Ave was originally built in the early 1900's for warehouse use and the early 20th century industrial architecture can still be found throughout the building to this day as it now houses 23 fully updated units. Located within walking distance of Bankers Life Fieldhouse, Lucas Oil Stadium, the Indianapolis Convention Center, Georgia Street, and much more, this is the perfect place to call home for anyone looking to call downtown Indy home! Lofts on Madison has spacious studios and one bedroom lofts available with garage parking optional within building. Lofts on Madison offers an on-site laundry facility. There is a parking garage with spots available for rent($100 monthly). This is a pet friendly building allowing for both cats and dogs under 25 pounds (breed restrictions do apply). Gas, water, sewer and trash cost $40.00 per month. All PMI Midwest residents are enrolled in the Resident Benefits Package (RBP) for $36.95/month which includes credit building to help boost the resident's credit score with timely rent payments, HVAC air filter delivery (for applicable properties), move-in concierge service making utility connection and home service setup a breeze during your move-in, our best-in-class resident rewards program, on-demand pest control, and much more! More details upon application. Deposit varies based on screening results. Rent Guarantee policy from theGuarantors required.
Lofts on Madison is located in the Old Southside Neighborhood and 46225 Zip code of Indianapolis, IN.
Property Contact Info
Floorplan Pricing and Availability
Lofts on Madison offers Studio to 1 Bedroom apartments starting from $1,199 and having 500–950 sq ft. Here is the current pricing and availability:
New! Interactive Property Map
Studio
From $1,199
Studio
Studio, 1 Bath, 500 sq ftAvailable NowAvailability Details
Price Availability Date Unit Sq Ft Photos $1,199 Available Now 303 500 Model Amenities and Features
Features
- Air Conditioning
- Ceiling Fans
- Heating
- High Speed Internet Access
- Smoke Free
- Sprinkler System
- Tub/Shower
- Washer/Dryer
Kitchen
- Dishwasher
- Disposal
- Freezer
- Granite Countertops
- Island Kitchen
- Kitchen
- Microwave
- Oven
- Range
- Refrigerator
- Stainless Steel Appliances
Unit 303 Gallery
Photos
Unit 303 Rent and Fees
Price
- $1,199
Model Rent and Fees
Price
- $1,199 - $1,249
Apartment Unit: 303Apartment Model: Studio$1,199Studio, 1 Bath, 500 sq ftAvailable NowUnit: 303 - Image 1 Unit: 303 - Image 2 Unit: 303 - Image 3 Unit: 303 - Image 4 Unit: 303 - Image 5 Unit: 303 - Image 6 Unit: 303 - Image 7 Unit: 303 - Image 8 Unit: 303 - Image 9 Unit: 303 - Image 10 1 Bedroom
From $1,299
One Bedroom
1 Bed, 1 Bath, 700-950 sq ftAvailable NowAvailability Details
Price Availability Date Unit Sq Ft Deposit Photos View Details $1,299 Available Now 100 950 $1,399 Available Now 209 700 $1,599 Available Now 307 800 $500 Model Amenities and Features
Features
- Air Conditioning
- Ceiling Fans
- Heating
- High Speed Internet Access
- Smoke Free
- Sprinkler System
- Tub/Shower
- Washer/Dryer
Kitchen
- Dishwasher
- Disposal
- Freezer
- Granite Countertops
- Island Kitchen
- Kitchen
- Microwave
- Oven
- Range
- Refrigerator
- Stainless Steel Appliances
Model Rent and Fees
Price Range
- $1,299 - $1,650
Rent Pricing
- $1,299 - $1,599
Unit 100 Gallery
Photos
Unit 100 Rent and Fees
Price
- $1,299
Model Rent and Fees
Price
- $1,299 - $1,650
Unit 209 Gallery
Photos
Unit 209 Rent and Fees
Price
- $1,399
Model Rent and Fees
Price
- $1,299 - $1,650
Unit 307 Gallery
Photos
Unit 307 Rent and Fees
Price
- $1,599
Deposit
- $500 deposit
Model Rent and Fees
Price
- $1,299 - $1,650
Apartment Unit: 100Apartment Model: One Bedroom$1,2991 Bedroom, 1 Bath, 950 sq ftAvailable NowUnit: 100 - Image 1 Unit: 100 - Image 2 Unit: 100 - Image 3 Unit: 100 - Image 4 Unit: 100 - Image 5 Unit: 100 - Image 6 Unit: 100 - Image 7 Unit: 100 - Image 8 Unit: 100 - Image 9 Unit: 100 - Image 10 Apartment Unit: 209Apartment Model: One Bedroom$1,3991 Bedroom, 1 Bath, 700 sq ftAvailable NowUnit: 209 - Image 1 Unit: 209 - Image 2 Unit: 209 - Image 3 Unit: 209 - Image 4 Unit: 209 - Image 5 Unit: 209 - Image 6 Unit: 209 - Image 7 Unit: 209 - Image 8 Unit: 209 - Image 9 Unit: 209 - Image 10 Apartment Unit: 307Apartment Model: One Bedroom$1,5991 Bedroom, 1 Bath, 800 sq ftAvailable NowUnit: 307 - Image 1 Unit: 307 - Image 2 Unit: 307 - Image 3 Unit: 307 - Image 4 Unit: 307 - Image 5 Unit: 307 - Image 6 Unit: 307 - Image 7 Unit: 307 - Image 8 Unit: 307 - Image 9 Unit: 307 - Image 10
Schedule a Tour
Property Information
- 23 Units
- 3 Stories
- Built in 1900
Lease Terms
- 12 Month
Pet Policy - Cats and Dogs
- $65 Monthly Pet Rent
- 3 Pet Limit
- $300 Fee
- 25 lb Weight Limit
- This is a pet friendly building allowing for both cats and dogs under 25 pounds (breed restrictions do apply).Pet rent is based on a pet screening and will be between $25-$65 per month
Parking Fees & Info
Parking Garage
- Garage Fee: $100 /Mo
Fee & Deposit Info
One-Time Fees
- $65 Application Fee
Features and Amenities
Unique Amenities
- Resident Benefit Package
On-Site Services
- Online Services
- Concierge
- 24 Hour Access
- Laundry Facilities
Community Features
- Vintage Building
- Elevator
Outdoor Features
- Controlled Access
- Patio
Interior Features
- Heating
- Ceiling Fans
- High Speed Internet Access
- Sprinkler System
- Tub/Shower
- Washer/Dryer
- Air Conditioning
- Smoke Free
Kitchen Amenities
- Dishwasher
- Island Kitchen
- Range
- Refrigerator
- Microwave
- Oven
- Disposal
- Freezer
- Stainless Steel Appliances
- Kitchen
- Granite Countertops
Living Area Features
- High Ceilings
- Vinyl Flooring
- Hardwood Floors
Unique Amenities
- Garage Available

Map
- Shopping
- Colleges
- Grocery
- Medical
- Parks

Map
Hours and Contact Info
Monday | 10:00 am–2:00 pm |
Tuesday | By Appointment |
Wednesday | By Appointment |
Thursday | By Appointment |
Friday | 10:00 am–2:00 pm |
Saturday | Closed |
Sunday | Closed |
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Lofts on Madison
Where is Lofts on Madison located?
Lofts on Madison is located at 501 Madison Ave near the Old Southside area of Indianapolis, IN
What is the current rent range at Lofts on Madison?
Studio to 1 Bedroom Apartments at Lofts on Madison currently range from $1,199 to $1,599
When is the leasing office open?
- The office Hours for Lofts on Madison are
- Monday 10:00 am–2:00 pm
- Tuesday By Appointment
- Wednesday By Appointment
- Thursday By Appointment
- Friday 10:00 am–2:00 pm
- Saturday Closed
- Sunday Closed
Are pets allowed?
Yes. Pets are allowed at Lofts on Madison. Call us today for info on moving here with your pet.
Are there any rent specials?
The current rent special at Lofts on Madison is: Half off first full months rent is moved in by 4/15!!.
Lifestyle Ratings
Learn more about Lifestyle SearchRenters Reviews and Ratings
Nearby Schools
Arsenal Technical High School
Center for Inquiry School 2
Crispus Attucks Medical Magnet High School (9-12)
Francis W Parker School 56
About GreatSchools Data on ApartmentHomeLiving.com.
Points of Interest
Time and distance from Lofts on Madison.
Arts Museums and Landmarks
Big Box and Retail
Colleges and Universities
Groceries
Hospitals
Military Bases
Parks and Recreation
Lofts on Madison has 4 parks within 3.5 miles, including White River State Park, Benjamin Harrison House, Garfirled Conservatory, and SpaceQuest Planetarium.
Restaurants and Dining
Shopping Centers
Lofts on Madison has 5 shopping centers within 1.5 miles.
Nearby Neighborhoods
Rental Price Ranges in the Area
Bedroom | Average Rent | Cheapest Rent | Highest 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+ |
Browse Top Apartments in Indianapolis
- See Indianapolis Apartments for Rent
- See Indianapolis Homes for Rent
- See Indianapolis Condos for Rent
- See Indianapolis Townhomes for Rent
- Cheap Indianapolis Apartments
By Price
- Cheap Indianapolis Apartments
- Indianapolis Apartments Under $500
- Indianapolis Apartments Under $600
- Indianapolis Apartments Under $700
- Indianapolis Apartments Under $800
- Indianapolis Apartments Under $900
- Indianapolis Apartments Under $1000
- Indianapolis Apartments Under $1200
- Indianapolis Apartments Under $1500
- Indianapolis Apartments Under $2000
- Indianapolis Luxury Apartments
By Community Type
- Indianapolis Apartments for Rent by Owner
- Indianapolis Apartments with Rent Specials
- Indianapolis Top Rated Apartments
- Indianapolis Corporate Apartments
- Indianapolis Furnished Apartments
- Indianapolis Gated Apartments
- Indianapolis Loft Apartments
- Indianapolis Low Income Apartments
- Indianapolis Military Apartments
- New Indianapolis Apartments
- Indianapolis Senior Apartments
- Indianapolis Short-term Apartments
- Indianapolis Student Apartments
- Indianapolis Apartments with Utilities Included