Updated 4 Days Ago
Location
10828 Penwell Way, Indianapolis, IN 46235, USA
Tour 10828 Penwell Way
Contact
PMI Midwest
Nearby rentals
Property management
Apartments for rent IndianapolisApartments for rent MuncieApartments for rent BloomingtonApartments for rent GreenwoodApartments for rent NoblesvilleApartments for rent LafayetteApartments for rent FishersApartments for rent Chapel Hill - Ben DavisApartments for rent AvonApartments for rent West LafayetteApartments for rent KokomoApartments for rent Snacks - Guion CreekApartments for rent PlainfieldApartments for rent BrownsburgApartments for rent Near SoutheastApartments Near Me
Houses for rent IndianapolisHouses for rent LafayetteHouses for rent BloomingtonHouses for rent ShelbyvilleHouses for rent CarmelHouses for rent MuncieHouses for rent FishersHouses for rent NoblesvilleHouses for rent CrawfordsvilleHouses for rent KokomoHouses for rent GreenwoodHouses for rent AndersonHouses for rent LebanonHouses for rent West LafayetteHouses for rent AvonHouses for rent near me
Amenities for 10828 Penwell Way
Features
| Carpet | Deck |
| Patio |
Grounds
| Outdoor Space |
Services
| On-Site Management | Package Service |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12+ months |
|---|
Advertisement
About 10828 Penwell Way
Modern comfort, plenty of space, zero compromise. Welcome to 10828 Penwell Way in Indianapolis—a spacious 4-bedroom, 3-bath home with 1,932 sq. ft. designed for both everyday living and making memories. The open layout keeps things connected, while the generous bedrooms give everyone room to recharge. The kitchen is made for everything from quick meals to full-on hosting, and the living spaces are perfect for chilling, entertaining, or just doing your thing. Located in a vibrant Indianapolis neighborhood with easy access to local amenities and attractions, this home brings together comfort, convenience, and a little more breathing room. Big space. Modern vibes. Room to make it yours. At Pmi Midwest, we strive to provide an experience that is cost-effective and convenient. That’s why we provide a Resident Benefits Package (rbp) to address common headaches for our residents and provide must-have services for our renters. The Total Monthly Price includes rent, pest control, air filter delivery, utility setup assistance, credit building and more at a rate of $41.45/month, required with the rental. Residents have the option to personalize some components during onboarding, which may increase or decrease the monthly amount. More details upon application. Deposit varies based on screening results. Non-Smoking Home. PMI Midwest 317.546.3482 By submitting your information on this page you consent to being contacted by the Property Manager and RentEngine via SMS, phone, or email.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 10828 Penwell Way, Indianapolis, IN 46235, USA compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.3 mile away
- Middle school nearby
- There is a middle school 1 mile away
- Images available
- There are at least 10 photos of this address
- Package service
- More secure storage for delivery
Considerations
- Pet restrictions
- Pets aren't allowed at this location.
Address details
| Zip code | 46235 |
|---|---|
| Type | House for rent |
Get the latest listings anytime, anywhere
Receive similar listings in the area, download our app, and more.
Rent trends in Indianapolis
4-bedroom apartments at 10828 Penwell Way cost about 3% less than the average rent price for 4-bedroom apartments in Indianapolis.
Median rents as of Aug 22 2026.
Indianapolis
| Month | Median Rent |
|---|---|
| September 2024 | $1,852 |
| October 2024 | $1,853 |
| November 2024 | $1,810 |
| December 2024 | $1,816 |
| January 2025 | $1,854 |
| February 2025 | $1,885 |
| March 2025 | $1,942 |
| April 2025 | $1,993 |
| May 2025 | $2,025 |
| June 2025 | $2,040 |
| July 2025 | $1,984 |
| August 2025 | $1,900 |
| September 2025 | $1,894 |
| October 2025 | $1,885 |
| November 2025 | $1,810 |
| December 2025 | $1,820 |
| January 2026 | $1,842 |
| February 2026 | $1,868 |
| March 2026 | $1,942 |
| April 2026 | $2,004 |
| May 2026 | $1,984 |
| June 2026 | $2,068 |
| July 2026 | $2,009 |
| August 2026 | $1,972 |
Affordability calculator
Can I afford to live at 10828 Penwell Way?
Bedrooms
4+ bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$76,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $76,000 annually to afford this 4-bedrooms monthly rent price of $1,900.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| This month | $1,900 | 4 bed | 3 bath | ||
| 8 months ago | $1,650 | 4 bed | 2.5 bath |
Schools near 10828 Penwell Way
Family Development Services, CAFE Head Start
8902 east 38th st
indianapolis, IN, 46226
PKPublic
George S. Buck Elementary School No. 94
2701 devon ave
indianapolis, IN, 46219
PK, K-6Public
C-
Francis Bellamy Pre-School Center
9501 e 36th st
indianapolis, IN, 46236
PKPublic
Family Development Services - Windsor Village East
5950 e 23rd st
indianapolis, IN, 46218
PKPublic
Indiana School for the Deaf
1200 e 42nd st
indianapolis, IN, 46205
PK, K-12Public
Advertisement
Internet available near 10828 Penwell Way
Getting around Indianapolis near 10828 Penwell Way
Walking
3/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
0/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 10828 Penwell Way, Indianapolis
Groceries
0/10
No grocery stores within walking distance
Shopping
4/10
Some shops within walking distance
Cafes
1/10
Few or no cafés within walking distance
Restaurants
3/10
Few or no restaurants within walking distance
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
1/10
No high schools within a 30-minute walk
Parks
4/10
Limited amount of park space nearby
Nightlife
1/10
Few or no bars within walking distance
Explore the area around 10828 Penwell Way
Chicago Fish & Chicken
3720 N Mitthoefer Rd
Fiesta Latina Supermarket
4601 N Post Rd
ALDI
10325 Pendleton Pike
Walmart Supercenter
10735 Pendleton Pike
El Paraiso Supermarket
5101 N Post Rd
The Finish Line, Inc
3308 N Mitthoefer Rd
Harlem's Fashion LLC
8939 E 38th St
Rainbow
8939 E 38th St
Stop & Shop Thrift Store
8939 E 38th St
Bomco Clothing
8726 E 33rd St
Anns Boba Tea
3827 N Mitthoefer Road Extended Food Ct
Dunkin'
9910 Pendleton Pike
Pana Donuts
10745 E Washington St
The Human Bean
10545 Pendleton Pike
Starbucks
10800 Pendleton Pike
Sports Page Lounge
4603 N Post Rd
Ob's Pizza Pub
2102 N Mitthoefer Rd
Buffalo Wild Wings
10625 Pendleton Pike
Diamond Chips Lounge
8879 Pendleton Pike
Applebee's Grill + Bar
10655 Pendleton Pike
First Love Desserts
Panaderia La Moderna
8939 E 38th St
Caplinger's Fresh Catch
9535 Pendleton Pike
Compadres Meat Market LLC
4601 N Post Rd
Bakery Alexiva
2142 N Mitthoefer Rd
Playground
Grassy Creek Park
Playground
Bellamy Park
Playground
First Love Desserts
Anns Boba Tea
3827 N Mitthoefer Road Extended Food Ct
Carnitas El Taresco
3827 N Mitthoefer Rd
Juicy Wings Hibachi
3827 N Mitthoefer Rd
Sweetest Day Candies
3827 N Mitthoefer Rd
Mitthoefer Rd / 3900 N
East 38th St
Mitthoefer Rd / 38th St
Eastside Circulator, East 38th St
Mitthoefer Rd / 38th St
East 38th St, Eastside Circulator
Mitthoefer Rd / Catalina Dr
East 38th St
Mitthoefer Rd / Catalina Dr
East 38th St, Eastside Circulator
Other units at this address
10828 Penwell Way, Indianapolis, IN
10828 Penwell Way Indianapolis, IN
Occupied
4 Beds, 2.5 Baths
4 Beds
2.5 Baths
$1,650
On-Site Laundry • Ceiling Fan • Outdoor Space • Walk-In Closets • In-Unit Laundry • Dishwasher
Compare similar properties nearby
Meridian Homes at Sycamore Drive
Our team has verified this company6654 Willow Way
3–4 Beds
$2,290–$2,580
- dogs and cats ok
- swimming pool
- fitness center
- dogs and cats ok
- swimming pool
- fitness center
Veridian Castleton
Our team has verified this companyAllisonville • 7503 Ivywood Cir
3 Beds
$1,625–$1,685
- dogs and cats ok
- swimming pool
- fitness center
- dogs and cats ok
- swimming pool
- fitness center
- dogs and cats ok
- swimming pool
- fitness center
- dogs and cats ok
- swimming pool
- fitness center
- dogs and cats ok
- swimming pool
- fitness center
12432 Bearsdale Dr, Indianapolis, IN, 46235
Our team has verified this company12432 Bearsdale Dr
3 Beds
$2,310
- dogs and cats ok
- swimming pool
- fitness center
Meridian Homes at Sycamore Drive
Our team has verified this company6654 Willow Way
3–4 Beds
$2,290–$2,580
- dogs and cats ok
- swimming pool
- fitness center
- dogs and cats ok
- swimming pool
- fitness center
Veridian Castleton
Our team has verified this companyAllisonville • 7503 Ivywood Cir
3 Beds
$1,625–$1,685
- dogs and cats ok
- swimming pool
- fitness center
- dogs and cats ok
- swimming pool
- fitness center
- dogs and cats ok
- swimming pool
- fitness center
- dogs and cats ok
- swimming pool
- fitness center
- dogs and cats ok
- swimming pool
- fitness center
12432 Bearsdale Dr, Indianapolis, IN, 46235
Our team has verified this company12432 Bearsdale Dr
3 Beds
$2,310
- dogs and cats ok
- swimming pool
- fitness center
Check availability
Advertisement