Updated 24 Minutes Ago
Highlights
Pet Friendly
Location
1408 Lake Meadow Dr, Indianapolis, IN 46217, USA|Southdale
Tour 1408 Lake Meadow Dr
Contact
Progress Residential
Our team has verified this company
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Amenities for 1408 Lake Meadow Dr, Southdale
Features
| Ceiling Fan | Deck |
| Dual Vanity Sinks | Hookup In-Unit on 1st Floor |
| Patio | Vinyl Plank Flooring |
| Walk-in Closet |
Appliances
| Central Air & Heat | Stainless Steel Appliances |
Tech
| Smart Home |
Community
| Cats OK | Dogs OK |
| Onsite Laundry | Two Car Garage |
| Two Story |
Grounds
| Fenced Yard | Garage Parking |
| Outdoor Space |
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
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
About 1408 Lake Meadow Dr
Please note, our homes are available on a first-come, first-serve basis and are not reserved until the holding fee agreement is signed and the holding fee is paid by the primary applicant. Coming soon! This home is currently being enjoyed by another resident but will be available soon. Please respect their privacy and do not disturb. You can complete the application process and reserve this home for a $500 non-refundable holding fee until it's ready for move-in. This fee must be paid within 24 hours of being pre-qualified and will be applied to your first month’s rent if you enter into a lease for this home. Interested in this home? You clearly have exceptional taste. This charming 3.0-bedroom, 2.5-bathroom home is not only pet-friendly, but also equipped with smart home features to make everyday life more convenient and connected. Homes like this don’t stay on the market for long—don’t miss your chance to make it yours. Apply today! The Homeowners Association (HOA) for this home may have a separate application process that applicants will need to complete in addition to Progress Residential’s application. This may involve registering with the HOA, completing its approval process, and paying any required fees. You may also be subject to following additional HOA rules or restrictions. Some images have been virtually staged to help showcase the potential of spaces in the home. The furnishings shown are for illustrative purposes only and are not included in the home.
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 1408 Lake Meadow Dr compares to other nearby properties.
Positives
- Fireplace
- In-unit features
- Images Available
- There are at least 10 photos of this property
- Walk-in closet
- More closet space on average
Considerations
- Fewer storage options
- Limited cabinet or closet space
- No in-unit dishwasher
- Dishwashers aren't available
Address details
| Neighborhood | Southdale |
|---|---|
| Zip code | 46217 |
| Type | House for rent |
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Rent trends in Southdale
3-bedroom apartments at 1408 Lake Meadow Dr cost about 18% more than the average rent price for 3-bedroom apartments in Indianapolis.
Median rents as of Oct 17 2026.
Southdale
Indianapolis
| Month | Median Rent |
|---|---|
| November 2024 | $1,595 |
| December 2024 | $1,586 |
| January 2025 | $1,596 |
| February 2025 | $1,605 |
| March 2025 | $1,655 |
| April 2025 | $1,680 |
| May 2025 | $1,697 |
| June 2025 | $1,695 |
| July 2025 | $1,652 |
| August 2025 | $1,609 |
| September 2025 | $1,599 |
| October 2025 | $1,598 |
| November 2025 | $1,581 |
| December 2025 | $1,585 |
| January 2026 | $1,598 |
| February 2026 | $1,599 |
| March 2026 | $1,599 |
| April 2026 | $1,600 |
| May 2026 | $1,635 |
| June 2026 | $1,647 |
| July 2026 | $1,647 |
| August 2026 | $1,620 |
| September 2026 | $1,618 |
| October 2026 | $1,648 |
| Month | Median Rent |
|---|---|
| November 2024 | $1,634 |
| December 2024 | $1,594 |
| January 2025 | $1,650 |
| February 2025 | $1,746 |
| March 2025 | $1,741 |
| April 2025 | $1,867 |
| May 2025 | $1,851 |
| June 2025 | $1,995 |
| July 2025 | $1,891 |
| August 2025 | $1,671 |
| September 2025 | $1,675 |
| October 2025 | $1,667 |
| November 2025 | $1,593 |
| December 2025 | $1,579 |
| January 2026 | $1,614 |
| February 2026 | $1,656 |
| May 2026 | $1,900 |
| June 2026 | $1,929 |
| July 2026 | $1,823 |
| August 2026 | $1,855 |
| September 2026 | $1,896 |
| October 2026 | $1,731 |
Affordability calculator
Can I afford to live at 1408 Lake Meadow Dr?
Bedrooms
3 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
$80,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $80,000 annually to afford this 3-bedrooms monthly rent price of $2,000.
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.| 4 years ago | $1,690 |
Schools near 1408 Lake Meadow Dr
Abraham Lincoln Elementary School
5241 brehob rd
indianapolis, IN, 46217
PK, K-5Public
B-
Rosa Parks Elementary School
7525 wellingshire blvd
indianapolis, IN, 46217
PK, K-5Public
A-
Rise Learning Center
5391 s shelby st
indianapolis, IN, 46227
PK, K-12Public
Family Development Services - Southeast Head Start
4024 south madison ave
indianapolis, IN, 46227
PKPublic
Impact Academy
320 n tibbs ave
indianapolis, IN, 46222
K-12Public
D
Neighborhood
Southdale | Indianapolis, IN
Getting around Indianapolis near 1408 Lake Meadow Dr
Walking
2/10
You’ll need another mode of transportation for getting around. Scooter, anyone?
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Transit
1/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 1408 Lake Meadow Dr, Indianapolis
Groceries
1/10
There are no general grocery stores within a 30-minute walk.
Shopping
3/10
Few fashion stores are within walking distance.
Cafes
1/10
Few cafés are within walking distance.
Restaurants
3/10
Some restaurants are within walking distance.
Primary schools
1/10
There are no elementary schools within a 30-minute walk.
Parks
2/10
Very few or no parks in the area.
Nightlife
1/10
Few bars are within walking distance.
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