5+ Days Ago
Highlights
- Vibrant community atmosphere
- Cozy living
- Open-concept living area
Location
4715 Caroline Ave, Indianapolis, IN 46205, USA|Fairgrounds
Tour 4715 Caroline Ave
Contact
PMI Midwest
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Amenities for 4715 Caroline Ave, Fairgrounds
Apartment Amenities
| Hardwood Floor |
Services
| Concierge Service | 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
Building details
Property details
| Lease terms | 12+ months |
|---|
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About 4715 Caroline Ave
*Half Off First Full Month's Rent When Signing an 18 month lease!! Encompassing the charm of cozy living, this delightful 2-bedroom home at 4715 Caroline Ave in Indianapolis offers a perfect retreat in the heart of the city. Step into 816 square feet of thoughtfully designed space, where gleaming hardwood floors invite warmth and elegance into every room. Natural light pours through the windows, illuminating the open-concept living area that seamlessly blends comfort and style. The kitchen, with its efficient layout, provides ample space for culinary creativity and memorable meals. Both bedrooms offer serene escapes, designed to inspire rest and rejuvenation after a long day. The full bathroom features tasteful fixtures that add a touch of sophistication to your daily routine. Outside, the surrounding neighborhood offers a vibrant community atmosphere, enriching your living experience with convenience and charm. Whether you're enjoying a quiet evening at home or exploring nearby attractions, this property promises a lifestyle of ease and enjoyment. Make 4715 Caroline Ave your sanctuary, where every moment is an opportunity to savor the best of Indianapolis living. 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 the Guarantors required. 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 4715 Caroline Ave 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
- Greater distance from high schools
- The nearest high school is farther than 1 mile away
Address details
| Neighborhood | Fairgrounds |
|---|---|
| Zip code | 46205 |
| Type | House for rent |
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Rent trends in Fairgrounds
2-bedroom apartments at 4715 Caroline Ave cost about the same as the average rent price for 2-bedroom apartments in Indianapolis.
Median rents as of Oct 11 2025.
Fairgrounds
Indianapolis
| Month | Median Rent |
|---|---|
| October 2023 | $1,299 |
| November 2023 | $1,292 |
| December 2023 | $1,285 |
| January 2024 | $1,249 |
| February 2024 | $1,234 |
| March 2024 | $1,311 |
| April 2024 | $1,305 |
| May 2024 | $1,349 |
| June 2024 | $1,338 |
| July 2024 | $1,380 |
| August 2024 | $1,377 |
| September 2024 | $1,384 |
| October 2024 | $1,394 |
| November 2024 | $1,392 |
| December 2024 | $1,378 |
| January 2025 | $1,389 |
| February 2025 | $1,389 |
| March 2025 | $1,333 |
| April 2025 | $1,312 |
| May 2025 | $1,322 |
| June 2025 | $1,312 |
| July 2025 | $1,298 |
| August 2025 | $1,290 |
| September 2025 | $1,266 |
| October 2025 | $1,276 |
| Month | Median Rent |
|---|---|
| October 2023 | $1,225 |
| November 2023 | $1,162 |
| December 2023 | $1,085 |
| January 2024 | $1,050 |
| February 2024 | $1,049 |
| March 2024 | $1,049 |
| April 2024 | $1,061 |
| May 2024 | $1,149 |
| June 2024 | $1,110 |
| July 2024 | $1,050 |
| August 2024 | $1,081 |
| September 2024 | $1,096 |
| October 2024 | $1,004 |
| November 2024 | $1,063 |
| December 2024 | $1,096 |
| January 2025 | $1,267 |
| February 2025 | $1,206 |
| March 2025 | $1,076 |
| April 2025 | $962 |
| May 2025 | $1,225 |
| June 2025 | $1,317 |
| July 2025 | $1,216 |
| August 2025 | $1,149 |
| September 2025 | $1,113 |
| October 2025 | $1,161 |
Affordability calculator
Can I afford to live at 4715 Caroline Ave?
Bedrooms
2 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
$47,960/yr
With your selected rent-to-income ratio, you'd ideally want to make $47,960 annually to afford this 2-bedrooms monthly rent price of $1,199.
For more information on rent affordability, visit our rent calculator.
Schools near 4715 Caroline Ave
Ips/Butler Lab at Eliza Blaker 55
1349 e 54th st
indianapolis, IN, 46220
PK, K-8Public
C
Ips - Butler Lab at William Bell 60
3330 n pennsylvania
indianapolis, IN, 46205
PK, K-8Public
C+
Francis Bellamy Pre-School Center
9501 e 36th st
indianapolis, IN, 46236
PKPublic
Frederick Douglass School 19
2020 dawson st
indianapolis, IN, 46203
PK, K-8Public
C-
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Internet available near 4715 Caroline Ave
Neighborhood
Fairgrounds | Indianapolis, IN
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Indianapolis near 4715 Caroline Ave
Walking
6/10
Some shops and stores are within a few minutes.
Driving
7/10
This area is close to freeways and has adequate parking options.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 4715 Caroline Ave, Indianapolis
Groceries
7/10
At least one grocery store within a 15-minute walk
Shopping
5/10
Variety of shops within walking distance
Cafes
5/10
Some cafés within walking distance
Restaurants
5/10
Some restaurants within walking distance
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
3/10
No high schools within a 30-minute walk
Parks
6/10
Moderate amount of park space nearby
Nightlife
3/10
Few or no bars within walking distance
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