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5+ Days Ago
Highlights
Pet Friendly
- Prime location
- In-unit laundry
- Central air
Location
5039 N College Ave #5039, Indianapolis, IN 46205, USA|Meridian Kessler
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Property Overview
Prime location with central air and in-unit laundry offers everyday comfort and convenience. Especially appealing for pet owners, with nearby pet grooming and supply stores plus available outdoor spaces. Overall, a balanced option for those seeking practical features in a well-situated setting.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Laundry available on site
Great for
Pet owners
Amenities for 5039 N College Ave #5039, Meridian Kessler
Apartment Amenities
| Hardwood Floor | Unfurnished |
Appliances
| Dishwasher | In-Unit Laundry |
Building
| Cats OK | Dogs OK |
| Onsite Laundry |
Grounds
| Assigned 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
Parking Policy
Assigned Parking
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Building details
Property details
| Lease terms | 12+ months |
|---|
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About 5039 N College Ave #5039
Home
Apartments in IndianapolisMeridian Kessler 5039 N College Ave #5039, Indianapolis, IN 46205, USA
Apartments in IndianapolisMeridian Kessler 5039 N College Ave #5039, Indianapolis, IN 46205, USAUpdated 3-Bedroom Single-Family Home in SoBro Discover a beautifully renovated half of a duplex in desirable SoBro, Indianapolis. Built in 1924 and thoughtfully updated for modern living, this spacious rental blends historic character with contemporary finishes—ideal for renters seeking a comfortable, stylish home close to the Monon Trail, local restaurants, and neighborhood shops. Notable Upgrades and Finishes The interior has been freshly painted and features original hardwood floors that run throughout the living spaces. The kitchen showcases stainless steel appliances, new cabinets and counter tops and a dishwasher. Thoughtful Layout and Comfortable Living This three-bedroom, one-bath layout offers generous room sizes within a single-family unit format, providing privacy and a true home feel compared to typical apartment living. The floorplan flows naturally from an inviting living area into the updated kitchen, making the space well-suited for entertaining or relaxed daily routines. Modern Comforts and Practical Features Central air ensures year-round comfort, while in-unit laundry adds convenience and time savings. Renovated systems and fresh finishes mean fewer immediate maintenance concerns, allowing you to enjoy the home from day one. Driveway parking provides on-site convenience, and lawn care is included with rent, simplifying outdoor upkeep. Outdoor and Parking Details The property includes a dedicated driveway for parking and low-maintenance yard care as part of the rental, so you can spend more time enjoying nearby trails and city amenities rather than routine outdoor chores. Prime SoBro Location Located in the vibrant SoBro neighborhood, this home places you within walking or biking distance to the Monon Trail, popular eateries, boutique shops, and neighborhood services. The area’s mix of green space and urban convenience offers an active, walkable lifestyle while remaining well-connected to broader Indianapolis destinations. Lease Information and Move-In Considerations Rent for this renovated single-family unit is $1,550 per month with a security deposit of $1,300. This unit is not offered on a month-to-month basis. For renters seeking a balance of historic charm, modern upgrades, and a prime SoBro location, this property presents an attractive option. Schedule a Tour Experience the combination of original character and contemporary updates in person—this home’s thoughtful finishes, practical amenities, and convenient location make it a standout rental in Indianapolis. First month's rent is due prior to moving in. No EvictionsNo Bankruptcies in the past 7 years. May deny due to violent Felonies or Felonies involving narcoticsThe security deposit and cleaning fee is due when signing the lease.
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 5039 N College Ave #5039 compares to other nearby properties.
Positives
- Laundry available on site
- Washers and dryers are available in-building or in-unit
Considerations
- Greater distance from high schools
- The nearest high school is farther than 2 miles away
Address details
| Neighborhood | Meridian Kessler |
|---|---|
| Zip code | 46205 |
| Type | Apartment for rent |
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Rent trends in Meridian Kessler
3-bedroom apartments at 5039 N College Ave #5039 cost about 9% less than the average rent price for 3-bedroom apartments in Indianapolis.
Median rents as of Jun 20 2026.
Meridian Kessler
Indianapolis
| Month | Median Rent |
|---|---|
| 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 | $1,600 |
| May 2026 | $1,635 |
| June 2026 | $1,648 |
| Month | Median Rent |
|---|---|
| July 2024 | $1,568 |
| August 2024 | $1,682 |
| September 2024 | $1,787 |
| October 2024 | $1,806 |
| November 2024 | $1,783 |
| December 2024 | $1,715 |
| January 2025 | $1,700 |
| February 2025 | $1,623 |
| March 2025 | $1,688 |
| April 2025 | $1,699 |
| May 2025 | $1,785 |
| June 2025 | $1,731 |
| July 2025 | $1,730 |
| August 2025 | $1,687 |
| September 2025 | $1,792 |
| October 2025 | $1,725 |
| November 2025 | $1,680 |
| December 2025 | $1,652 |
| January 2026 | $1,614 |
| February 2026 | $1,628 |
| March 2026 | $1,887 |
| April 2026 | $1,937 |
| May 2026 | $1,910 |
| June 2026 | $1,695 |
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| 2 months ago | $1,550 |
Schools near 5039 N College Ave #5039
Center for Inquiry School 70
510 east 46th st
indianapolis, IN, 46205
K-8Public
B
Ips/Butler Lab at Eliza Blaker 55
1349 e 54th st
indianapolis, IN, 46220
PK, K-8Public
C
Family Development Services, Inc. Service Center II Head Start
3637 n meridian st
indianapolis, IN, 46208
PKPublic
Indiana School for the Deaf
1200 e 42nd st
indianapolis, IN, 46205
PK, K-12Public
Ips - Butler Lab at William Bell 60
3330 n pennsylvania
indianapolis, IN, 46205
PK, K-8Public
C+
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Internet available near 5039 N College Ave #5039
Getting around Indianapolis near 5039 N College Ave #5039
Walking
5/10
Some shops and stores are within a few minutes.
Driving
6/10
This area is accessible to thoroughfares and has ample parking options.
Cycling
6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
4/10
There are a few mass transit options within the area.
Points of interest for 5039 N College Ave #5039, Indianapolis
Groceries
8/10
At least one supermarket within a 15-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
6/10
Some restaurants within a few minutes’ walk
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
8/10
At least one high school within a 10-minute walk
Parks
6/10
Moderate amount of park space nearby
Nightlife
4/10
Some bars within walking distance
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