Updated 2 Days Ago
Location
53 N 5th Ave, Beech Grove, IN 46107, USA|Park Meadow
Tour 53 N 5th Ave
Contact
Intrigue Property Management
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Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
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About 53 N 5th Ave
Welcome to this charming, rent-ready home in the heart of Beech Grove! Nestled in a quiet, established neighborhood, this property offers the perfect blend of comfort and convenience. Enjoy easy access to local parks, schools, shopping, dining, and just a short drive to downtown Indianapolis. Inside, you'll find a welcoming layout with comfortable living spaces and plenty of natural light. Whether you're relaxing at home or exploring everything the area has to offer, this home is an excellent place to call your own. Don't miss this great opportunity to live in one of Beech Grove's most convenient locations!
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 53 N 5th Ave compares to other nearby properties.
Positives
- Less expensive
- The 3-bedrooms are cheaper than other similar listings nearby
- Elementary school nearby
- There is an elementary school 0.3 mile away
- Images Available
- There are at least 10 photos of this address
Address details
| Neighborhood | Park Meadow |
|---|---|
| Zip code | 46107 |
| Type | Apartment for rent |
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Rent trends in Park Meadow
3-bedroom apartments at 53 N 5th Ave cost about 18% more than the average rent price for 3-bedroom apartments in Beech Grove.
Median rents as of Jul 11 2026.
Park Meadow
Beech Grove
| Month | Median Rent |
|---|---|
| July 2024 | $1,300 |
| August 2024 | $1,472 |
| September 2024 | $1,407 |
| October 2024 | $1,314 |
| November 2024 | $1,297 |
| December 2024 | $1,250 |
| January 2025 | $1,245 |
| February 2025 | $1,600 |
| March 2025 | $1,550 |
| April 2025 | $1,746 |
| May 2025 | $1,866 |
| June 2025 | $1,789 |
| July 2025 | $1,532 |
| August 2025 | $1,477 |
| September 2025 | $1,369 |
| October 2025 | $1,404 |
| November 2025 | $1,398 |
| December 2025 | $1,395 |
| January 2026 | $1,464 |
| February 2026 | $1,414 |
| March 2026 | $1,378 |
| April 2026 | $1,287 |
| May 2026 | $1,648 |
| June 2026 | $1,661 |
| July 2026 | $1,607 |
| Month | Median Rent |
|---|---|
| January 2025 | $1,195 |
Affordability calculator
Can I afford to live at 53 N 5th Ave?
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
$56,400/yr
With your selected rent-to-income ratio, you'd ideally want to make $56,400 annually to afford this 3-bedrooms monthly rent price of $1,410.
For more information on rent affordability, visit our rent calculator.
Schools near 53 N 5th Ave
Central Elementary School
1000 main st
beech grove, IN, 46107
2-3Public
C+
Hornet Park Elementary School
5249 hornet ave
beech grove, IN, 46107
PK, K-1Public
B+
South Grove Intermediate School
851 s 9th ave
beech grove, IN, 46107
4-6Public
C+
Rise Learning Center
5391 s shelby st
indianapolis, IN, 46227
PK, K-12Public
Wanamaker Early Learning Center
4150 bazil ave
indianapolis, IN, 46239
PKPublic
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Internet available near 53 N 5th Ave
Neighborhood
Park Meadow | Beech Grove, IN
Getting around Beech Grove near 53 N 5th Ave
Walking
5/10
Some shops and stores are within a few minutes.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
3/10
This is semi-bikeable, but you’ll need another way of getting around.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 53 N 5th Ave, Beech Grove
Groceries
1/10
Closest supermarket further than a 30-minute walk
Shopping
4/10
Some shops within walking distance
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
6/10
At least one high school within a 20-minute walk
Parks
6/10
Moderate amount of park space nearby
Nightlife
4/10
Some bars within walking distance
Explore the area around 53 N 5th Ave
Walmart Supercenter
4650 S Emerson Ave
Kroger
5350 E Thompson Rd
Walmart Neighborhood Market
3805 S Keystone Ave
Waterman's Family Farm
7010 E Raymond St
Las Mexicanas Super Market
424 S Sherman Dr
Family Dollar
2515 Albany St
Family Dollar
3522 E Raymond St
Walmart Supercenter
4650 S Emerson Ave
Sunnys Alterations
4850 S Emerson Ave
Moore Unique Finds & Consignment
5040 E Thompson Rd
Regal Donuts & Bakery LLC
624 Main St
New Dey Rising Cafe & Bakery
702 Main St
7 Brew Coffee
4420 S Emerson Ave
Starbucks
4601 S Emerson Ave
Starbucks
5350 E Thompson Rd
The Silver Bullet
410 Main St
Beech Grove Bowl
95 N 2nd Ave
Grove Sports Bar
3206 S Emerson Ave
Niteowls
3535 S Emerson Ave
Expo Bowling Center
5261 Elmwood Ave
New Dey Rising Cafe & Bakery
702 Main St
Daily Bread Inc
103 N 2nd Ave
Klosterman Baking Co
5867 Churchman Ave
Walmart Bakery
4650 S Emerson Ave
Walmart Deli
4650 S Emerson Ave
Park
Playground
Sarah T. Bolton Park
Holy Name Community Playground
Playground
The Silver Bullet
410 Main St
5th Avenue Grill & Bar
423 Main St
Mom's Family Restaurant LLC
510 Main St
Ball Park Pizza & Eatery II
607 Main St
Katsumi's Teaching Kitchen
222 Main St
Main St / 6th Ave
Emerson
Main St / 6th Ave
Emerson
Main St / 2nd Ave
Emerson
Main St / 2nd Ave
Emerson
Main St / 10th Ave
Emerson
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