2 Days Ago
Highlights
Pet Friendly
Location
5039 N College Ave #5039, Indianapolis, IN 46205, USA|Meridian Kessler
Tour 5039 N College Ave #5039
Contact
Leslye Denny
Nearby rentals
Renter hub
Property management
Apartments for rent IndianapolisApartments for rent MuncieApartments for rent GreenwoodApartments for rent FishersApartments for rent NoblesvilleApartments for rent Snacks - Guion CreekApartments for rent LafayetteApartments for rent Valley MillsApartments for rent Chapel Hill - Ben DavisApartments for rent BrownsburgApartments for rent PlainfieldApartments for rent Martindale - BrightwoodApartments for rent CambyApartments for rent Near EastsideApartments for rent GreenfieldApartments Near Me
Houses for rent IndianapolisHouses for rent Near EastsideHouses for rent Martindale - BrightwoodHouses for rent Downtown IndianapolisHouses for rent MuncieHouses for rent FishersHouses for rent Near SoutheastHouses for rent Near SouthsideHouses for rent LebanonHouses for rent LafayetteHouses for rent Near Northwest - RiversideHouses for rent GreenwoodHouses for rent CastletonHouses for rent FranklinHouses for rent I69-Fall CreekHouses for rent near me
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.
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12+ months |
|---|
Advertisement
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, USA
Sweet deal!
This listing is 21% below the median price for 3 bedroom apartments in Meridian Kessler.
Updated 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
- Outdoor space
- Easy access to the outdoors
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 |
Get the latest listings anytime, anywhere
Receive similar listings in the area, download our app, and more.
Rent trends in Meridian Kessler
3-bedroom apartments at 5039 N College Ave #5039 cost about 21% less than the average rent price for 3-bedroom apartments in Indianapolis.
Median rents as of Mar 21 2026.
Meridian Kessler
Indianapolis
| Month | Median Rent |
|---|---|
| April 2024 | $1,598 |
| 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 |
| Month | Median Rent |
|---|---|
| April 2024 | $1,565 |
| May 2024 | $1,550 |
| June 2024 | $1,410 |
| 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 | $1,866 |
Affordability calculator
Can I afford to live at 5039 N College Ave #5039?
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
$62,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $62,000 annually to afford this 3-bedrooms monthly rent price of $1,550.
For more information on rent affordability, visit our rent calculator.
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+
Advertisement
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
7/10
At least one grocery store within a 15-minute walk
Shopping
5/10
Some shops within walking distance
Cafes
6/10
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
8/10
At least one high school within a 10-minute walk
Parks
6/10
Moderate amount of park space nearby
Nightlife
4/10
Few or no bars within walking distance
Explore the area around 5039 N College Ave #5039
The Fresh Market
5415 N College Ave
Nicole-Taylor's Pasta & Market
1134 E 54th St
Safeway Foods
5602 N Illinois St
Meijer
5550 N Keystone Ave
ALDI
5235 N Keystone Ave
Heritage Clothier & Home
1134 E 54th St
46th Street Family Boutique
1918 E 46th St
Twenty Eight Boutique
4605 Evanston Ave
Be the Boutique
5607 N Illinois St
Lunch Money Boutique
5617 N Illinois St
Dunkin'
4851 N College Ave
Prufrock Coffee
5168 N College Ave
Hubbard
1114 E 52nd St
Cafe Patachou
4901 N Pennsylvania St
Aroma Cafe
5402 N College Ave
Red Key Tavern
5170 N College Ave
Aristocrat Pub & Restaurant
5212 N College Ave
Half Liter Beer & BBQ Hall
5301 Winthrop Ave
Pawn Shop Pub
2222 E 54th St
A Taproom
The Gallery Pastry Shop
4573 N College Ave
Black Cat Bakery
5301 Winthrop Ave
Breadworks
1050 E 54th St
Sucre Baking Company
5261 N Pennsylvania St
The Flying Cupcake
1134 E 54th St
Arsenal Park
Canterbury Park
Tarkington Park
61st and Broadway Park
North Park
Patachou Inc
4923 N College Ave
Aroma Indian Cuisine & Bar
4907 N College Ave
GREEK'S PIZZERIA
4901 N College Ave
Dunkin'
4851 N College Ave
Little India Restaurant
653 E 52nd St
52nd Station SB
Red Line
52nd Station NB
Red Line
52nd St / College Ave
Castleton
52nd St / College Ave
Castleton
52nd St / Winthrop Ave
Castleton
Compare similar properties nearby
The Domino
Our team has verified this companyMartindale - Brightwood • 3200 Dr Andrew J Brown Ave
2 Beds
$1,799–$2,120
- dogs and cats ok
- fitness center
- swimming pool
- dogs and cats ok
- fitness center
- swimming pool
Riverbend Apartments
Our team has verified this companyCastleton • 8850 River Bend Pkwy
2 Beds
$1,100–$1,929
- dogs and cats ok
- fitness center
- swimming pool
The Jameson
Our team has verified this companySt. Vincent - Greenbriar • 1854 Century Way
2 Beds
$1,180–$1,450
- dogs and cats ok
- fitness center
- swimming pool
- dogs and cats ok
- fitness center
- swimming pool
- dogs and cats ok
- fitness center
- swimming pool
- dogs and cats ok
- fitness center
- swimming pool
- dogs and cats ok
- fitness center
- swimming pool
The Domino
Our team has verified this companyMartindale - Brightwood • 3200 Dr Andrew J Brown Ave
2 Beds
$1,799–$2,120
- dogs and cats ok
- fitness center
- swimming pool
- dogs and cats ok
- fitness center
- swimming pool
Riverbend Apartments
Our team has verified this companyCastleton • 8850 River Bend Pkwy
2 Beds
$1,100–$1,929
- dogs and cats ok
- fitness center
- swimming pool
The Jameson
Our team has verified this companySt. Vincent - Greenbriar • 1854 Century Way
2 Beds
$1,180–$1,450
- dogs and cats ok
- fitness center
- swimming pool
- dogs and cats ok
- fitness center
- swimming pool
- dogs and cats ok
- fitness center
- swimming pool
- dogs and cats ok
- fitness center
- swimming pool
- dogs and cats ok
- fitness center
- swimming pool
Check availability
Advertisement