House for rent

5+ Days Ago

3128 Cherry Lake Rd
3128 Cherry Lake Rd, Indianapolis, IN 46235, USA

Monthly rent	$1,545
Beds	3
Baths	3
Sqft	1,244

Monthly rent	$1,545
Beds	3
Baths	3
Sqft	1,244

5+ Days Ago

Highlights

Modern conveniences
Smart thermostat

Location

3128 Cherry Lake Rd, Indianapolis, IN 46235, USA

Tour 3128 Cherry Lake Rd

Contact

(765) 571-4730

Amenities for 3128 Cherry Lake Rd

Services

On-Site Management

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

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

About 3128 Cherry Lake Rd

Home

Houses in Indianapolis

3128 Cherry Lake Rd, Indianapolis, IN 46235, USA

Coming Available Soon! The home is estimated to be ready for self-guided tours and move-in May 5th, 2026! Currently Accepting Applications! Your estimated total monthly payment is: The total estimated monthly payment is comprised of the following: $1,592.89 Mandatory Fees: Base Rent – $1,545.00 Damage Waiver Fee - $14.95 (Covers up to $100,000 for resident-caused damage from fire, water, smoke, explosions, sewer backups, or falling objects.) Smart Home Fee - $22.95 (smart front door lock and smart thermostat) Utility Management - $9.99 (services for managing utility accounts) Additionally, a one-time set-up fee of $30.00 is charged on your first month's bill. Optional Fees: Animal Fees - Approved animals incur a non-refundable pet fee of $250 - $350 per animal and a monthly pet rent of $30 - $35 per animal (subject to applicable law). Pet fees and pet rent do not apply to service or support animals. Please note that we have breed restrictions, including but not limited to Pit Bull Terriers, Doberman Pinschers, Rottweilers, Staffordshire Terriers, German Shepherds, Chows, Bull Mastiffs, Huskies, Alaskan Malamutes, Wolf Dog Hybrids, Great Danes, St. Bernards, Akitas, and Rhodesian Ridgebacks, as well as any mixed breeds containing these types. Other Fees: In addition to the total monthly payment, Tenant(s) are also responsible for additional costs including, but not limited to, utilities, optional services, conditional and other applicable charges. All fees are subject to change and will be outlined in the lease agreement. Tours: To ensure a secure process, please schedule tours and apply for our properties exclusively through the official Evergreen Live website. Property Description: Welcome to this spacious and inviting 3-bedroom, 2.5-bath home located in the desirable Heritage subdivision of Franklin. Offering 2,446 sq ft of comfortable living space, this two‑story home delivers both functionality and charm. Modern conveniences such as a smart lock and smart thermostat bring added efficiency and ease to your daily routine. Don’t miss the opportunity to call this inviting and stylish space your new home! Listing Disclosures: All leasing information is believed to be accurate; however, photos are representative only and may not reflect current appliances and/or features of the home. Square footage is estimated, and prices, specials and dates may change without notice and are not guaranteed until a lease agreement is executed. Application: An application fee of $50 per applicant for 18 and over is required, and the minimum lease term is one year (12 months). Completed applications are reviewed on a first-come, first-served basis, and the security deposit varies based upon TransUnion Resident Score credit criteria. You must have a verifiable source of income that is at least three times the monthly rent. After you submit your lease application, all adult applicants receive an invitation from our income verification service, Payscore, with a link to guide you through your income verification. All applicants must complete the process within 48 hours of receiving an invitation or your application may be delayed or not approved. Security Deposit: A cash security deposit range from one to one and a half months’ rent is due prior to moving-in. Cash security deposits are eligible for refund upon vacating the home, less deductions for damages, unpaid rent or other charges, in each case subject to applicable law. This home accepts Housin..

Property highlights

How 3128 Cherry Lake Rd, Indianapolis, IN 46235, USA compares to other nearby properties.

Positives

Middle school nearby: There is a middle school 0.4 mile away

Considerations

Greater distance from high schools: The nearest high school is farther than 2 miles away

Address details

Zip code	46235
Type	House for rent

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Rent trends in Indianapolis

3-bedroom apartments at 3128 Cherry Lake Rd cost about 3% less than the average rent price for 3-bedroom apartments in Indianapolis.

Median rents as of Apr 18 2026.

Indianapolis

A table of 3-bedroom apartment rental data trends in Indianapolis
Month	Median Rent
May 2024	$1,619
June 2024	$1,628
July 2024	$1,637
August 2024	$1,618
September 2024	$1,598
October 2024	$1,611
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	$1,599

Affordability calculator

Can I afford to live at 3128 Cherry Lake Rd?

Bedrooms

3 bedrooms

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

$61,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $61,800 annually to afford this 3-bedrooms monthly rent price of $1,545.

For more information on rent affordability, visit our rent calculator.

Check availability

Rent history

Check out the past listing prices for monthly rent at 3128 Cherry Lake Rd, Indianapolis, IN.
				Bath
	2 years ago	$1,495	3 bed	2 bath

Schools near 3128 Cherry Lake Rd

Internet available near 3128 Cherry Lake Rd

Neighborhood

NEIGHBORHOOD VIBE

Peaceful and quiet

Noise-canceling headphones not required in this mostly noise free area.

Getting around Indianapolis near 3128 Cherry Lake Rd

Walking

2/10

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

4/10

This is semi-bikeable, but you’ll need another way of getting around.

Transit

0/10

FYI, there are little to no public transit options within walking distance.

Points of interest for 3128 Cherry Lake Rd, Indianapolis

Groceries

0/10

Closest supermarket further than a 30-minute walk

Shopping

3/10

Some shops within walking distance

Cafes

1/10

Few or no cafés within walking distance

Restaurants

2/10

Some restaurants within walking distance

Primary schools

5/10

At least one elementary school within a 20-minute walk

High schools

3/10

At least one high school within a 30-minute walk

Parks

5/10

Moderate amount of park space nearby

Nightlife

0/10

Few or no bars within walking distance

Other units at this address

3128 Cherry Lake Rd, Indianapolis, IN

3128 Cherry Lake Rd Indianapolis, IN

Occupied

3 Beds, 2 Baths

3 Beds

2 Baths

1,244 sqft

$1,495

Days on market: 790

Welcome to your new home located at 3128 N Cherry Lake Rd in East Indianapolis, IN presented by Renters Warehouse. This is a gorgeous 3 bedroom, 2.5 bath, 1244 square foot home with a fully fenced-in backyard & 2 car garage is newly remodeled! This home features luxury vinyl floors, numerous windows to allow natural light, stainless steel appliances in the open concept kitchen and a fresh coat of paint throughout--and we can't forget to let you know that it is pet friendly, too! This home will not last long so take advantage of a self-guided showing, online application process, and flexible lease terms. This property is professional managed by Renters Warehouse and features online portal for easy payment processing and all service requests. Do you still have more questions? Call us and our Leasing Professionals will be happy to assist! Rental Terms: • Application fees apply to all residents 18+ • Resident responsible for all utilities • Renters Insurance Required • $199.00 one time move in fee • 1% monthly resident fee in addition to rent • Pets considered on a case-by-case basis with a deposit Renters Warehouse conducts all business in accordance with Federal Fair Housing Laws. Screening criteria can be viewed in its entirety when applying for the home via online application. • An application is needed for any resident 18+ • Income should be 3X rent amount • 550+ credit score required (additional deposits may apply) • No Eviction in the past 5 years • No collection accounts from the past 90 days Scam warning! Be aware of scams! Renters Warehouse uses an online application process and will accept hold funds after an application has been approved and verified. Our owners do NOT work with prospects directly and will NOT accept payment through electronic wire or cash apps (ApplePay, Zelle, Venmo, etc). The contact below is the authorized Property Manager to lease this home. Please contact our team directly with any questions and/or concerns! This property allows self guided viewing without an appointment. Contact for details.