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Updated 3 Hours Ago

Location

1531 S Talbott St #12, Indianapolis, IN 46225, USA|Near Southside

Tour 1531 S Talbott St #12

Contact

Maxwell Richter

The Wilmoth Group

(844) 325-6048 ext. 5006

Amenities for 1531 S Talbott St #12, Near Southside

Apartment Amenities

BaseboardElectric Heating

Building

Exterior Type: Brick

Services

Concierge ServicePackage Service

Other

Two Rooms
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

About 1531 S Talbott St #12

HomeApartments in IndianapolisNear Southside 1531 S Talbott St #12, Indianapolis, IN 46225, USA
sweet deal icon
Sweet deal!
This listing is 24% below the median price for 1 bedroom apartments in Near Southside.

Property Status: Active This large studio tucked away in the heart of Indianapolis is ready for its next occupant! Not only is this apartment extremely affordable but it provides a unique opportunity for a tenant to have a separate living space from their kitchen and dining area giving the unit a much bigger feel. This property is located near public transportation lines and occupants will also have easy access to the interstate making commuting around the city a breeze. There are also local shops, restaurants, and other attractions close by. Tenants will have access to off street parking behind the building and there will also be a $60 charge each month for water/sewer/trash All residents will be enrolled in a Resident Benefits Package (RBP) and these packages range from $45 - $55 per month and include benefits such as liability insurance, credit building to help boost the resident's credit score with timely rent payments, up to $1M Identity Theft Protection, 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. Office Phone: (317) 842-3400 Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Go to property website

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 1531 S Talbott St, Indianapolis, IN 46225, USA compares to other nearby properties.

Positives

Less expensive
Some rentals at this address are cheaper than similar listings nearby
Package service
More secure storage for delivery

Address details

NeighborhoodNear Southside
Zip code46225
TypeApartment for rent

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Rent trends in Near Southside

1-bedroom apartments at 1531 S Talbott St #12 cost about 24% less than the average rent price for 1-bedroom apartments in Indianapolis.

Median rents as of Oct 31 2026.
Near Southside
Indianapolis
A table of 1-bedroom apartment rental data trends in Indianapolis
MonthMedian Rent
November 2024$1,126
December 2024$1,125
January 2025$1,152
February 2025$1,150
March 2025$1,087
April 2025$1,024
May 2025$1,087
June 2025$1,098
July 2025$1,090
August 2025$1,097
September 2025$1,105
October 2025$1,080
November 2025$1,046
December 2025$1,048
January 2026$1,017
February 2026$1,022
March 2026$1,011
April 2026$1,017
May 2026$1,007
June 2026$1,016
July 2026$1,064
August 2026$1,046
September 2026$1,049
October 2026$1,047
A table of 1-bedroom apartment rental data trends in Near Southside
MonthMedian Rent
November 2024$815
December 2024$890
January 2025$901
February 2025$851
March 2025$820
April 2025$865
May 2025$810
June 2025$847
July 2025$872
August 2025$733
September 2025$667
October 2025$667
November 2025$724
December 2025$709
January 2026$769
February 2026$756
March 2026$766
April 2026$754
May 2026$900
June 2026$825
July 2026$825
August 2026$849
September 2026$930
October 2026$854

Affordability calculator

Can I afford to live at 1531 S Talbott St #12?

Bedrooms

1 bedroom

Rent-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

$25,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $25,000 annually to afford this 1-bedroom monthly rent price of $625.
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.
Check out the past listing prices for monthly rent at 1531 S Talbott St, Indianapolis, IN.
3 years ago$599Studio1 bath
4 years ago$649Studio1 bath
5 years ago$599Studio1 bath

Schools near 1531 S Talbott St #12

James A. Garfield School No. 31

307 lincoln st

indianapolis, IN, 46225

PK, K-8Public
C

Frederick Douglass School 19

2020 dawson st

indianapolis, IN, 46203

PK, K-8Public
C-

Impact Academy

320 n tibbs ave

indianapolis, IN, 46222

K-12Public
D

Impact Academy 2

320 n tibbs ave

indianapolis, IN, 46222

K-12Public

Impact Academy 3

320 n tibbs ave

indianapolis, IN, 46222

K-12Public
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Getting around Indianapolis near 1531 S Talbott St #12

Walking

5/10
Some shops and stores are within a few minutes.

Driving

8/10
Commuting is easy with multiple accessible routes and plenty of parking.

Transit

3/10
There are a few mass transit options within the area.

Points of interest for 1531 S Talbott St #12, Indianapolis

Groceries

8/10
At least one grocery store within a few minutes' walk

Shopping

5/10
Some shops within walking distance

Cafes

5/10
Some cafés within walking distance

Restaurants

6/10
Some restaurants within walking distance

Primary schools

8/10
At least one elementary school within a 10-minute walk

High schools

1/10
No high schools within a 30-minute walk

Parks

5/10
Moderate amount of park space nearby

Nightlife

5/10
Some bars within walking distance

Other units at this address

1531 S Talbott St Indianapolis, IN

Occupied

15

Studio

1 Bath

$599

Days on market: 1937
No security deposit for qualified applicants!!! Move in Fee of $300! Come check out this adorable studio apartment! Located on the south side of Indy just minutes from White River and downtown! This adorable studio is recently redone. Large open kitchen. Right around the corner from local shops. This studio is great for someone looking for a starter apartment or for someone looking for a downsize! This home is not going to last long in this area! By applying for eligible properties, Resident understands and agrees to auto-enrollment in the Utility & Maintenance Reduction Program at a cost of $10.95 per month without demand, payable with rent as outlined. Resident Liability Insurance is required.

Occupied

13

Studio

1 Bath

$599

Days on market: 1178
Come check out this adorable studio apartment! Located on the south side of Indy just minutes from White River and downtown! This adorable studio is recently redone. Large open kitchen. Right around the corner from local shops. This studio would be great for anyone looking for a starter apartment or for someone looking to downsize! This home is not going to last long in this area! To schedule a showing call 317-794-2064. By applying for eligible properties, Resident understands and agrees to auto-enrollment in the Utility & Maintenance Reduction Program at a cost of $10.95 per month without demand, payable with rent as outlined. Resident Liability Insurance is required. To schedule a showing call 317-794-2064, for additional information call (317) 546-3482. PMI Midwest is proud to offer deposit-free living to qualified renters through Obligo! We understand that moving costs can add up, so we want to extend financial flexibility to our residents. When you move in with us, you can skip paying a security deposit and keep the cash for activities you care about. Learn more about the benefits of deposit-free living with Obligo's brochure or on their website.

Occupied

14

Studio

1 Bath

$649

Days on market: 1348
Come check out this adorable studio apartment! Located on the south side of Indy just minutes from White River and downtown! This adorable studio is recently redone. Large open kitchen. Right around the corner from local shops. This studio would be great for anyone looking for a starter apartment or for someone looking to downsize! This home is not going to last long in this area! To schedule a showing call 317-794-2064. Isn't it time you loved where you lived? By applying for eligible properties, Resident understands and agrees to auto-enrollment in the Utility & Maintenance Reduction Program at a cost of $10.95 per month without demand, payable with rent as outlined. Resident Liability Insurance is required. To schedule a showing call 317-794-2064, for additional information call (317) 546-3482.

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