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Highlights
Pet Friendly
Location
5538 N College Ave #5540, Indianapolis, IN 46220, USA|Meridian Kessler
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Property Overview
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
Images Available- Laundry available on site
Great for
Pet owners
Amenities for 5538 N College Ave #5540, Meridian Kessler
Apartment Amenities
| Forced Air | Freezer |
| Furnished | Hardwood Floor |
| Washer/Dryer Hookups |
Appliances
| Dishwasher | In-Unit Laundry |
| Microwave | Range/Oven |
| Refrigerator |
Tech
| Cable Ready | Wired For Internet |
Building
| Cats OK | Dogs OK |
| Onsite Laundry |
Grounds
| Fenced Yard | Lawn |
| Off-Street 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
Dog policy
| Allowed |
|---|
Cat policy
| Allowed |
|---|
Cats and small dogs allowed. Contact for more information on pet policy.
Building details
Property details
| Lease terms | 12+ months |
|---|
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About 5538 N College Ave #5540
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Apartments in IndianapolisMeridian Kessler 5538 N College Ave #5540, Indianapolis, IN 46220, USA
Apartments in IndianapolisMeridian Kessler 5538 N College Ave #5540, Indianapolis, IN 46220, USAProperty Id: 1467788 Just steps from Fresh Market and several popular restaurants and bars including Twenty Tap and Fat Dan's, this stunning 2 bedroom, 1 bath duplex offers the perfect blend of convenience and comfort. Situated on the Red Line, commuting and exploring the vibrant neighborhood has never been easier. Spacious 1320 sqft duplex comes fully furnished, making it an ideal choice for those looking to move in with ease. Enjoy the convenience of having a washer and dryer included in the unit. Key Features: Location: Prime spot in Broad Ripple, close to shops, dining, and nightlife Size: 1320 sqft of living space Bedrooms: 2 Bathrooms: 1 Furnishings: Furnished for your convenience Laundry: Washer and dryer included Special Promotion: Enjoy free lawn care and save some money with free internet until the end of the year! Renter is responsible for all utilities.
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 5538 N College Ave, Indianapolis, IN 46220, USA compares to other nearby properties.
Positives
- Images Available
- There are at least 10 photos of this address
- Laundry available on site
- Washers and dryers are available in-building or in-unit
Address details
| Neighborhood | Meridian Kessler |
|---|---|
| Zip code | 46220 |
| Type | Condo for rent |
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Rent trends in Meridian Kessler
2-bedroom apartments at 5538 N College Ave #5540 cost about 31% more than the average rent price for 2-bedroom apartments in Indianapolis.
Median rents as of Sep 6 2025.
Meridian Kessler
Indianapolis
| Month | Median Rent |
|---|---|
| September 2023 | $1,305 |
| October 2023 | $1,307 |
| 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 | $1,271 |
| Month | Median Rent |
|---|---|
| September 2023 | $1,331 |
| October 2023 | $1,322 |
| November 2023 | $1,312 |
| December 2023 | $1,418 |
| January 2024 | $1,350 |
| February 2024 | $1,295 |
| March 2024 | $1,228 |
| April 2024 | $1,298 |
| May 2024 | $1,295 |
| June 2024 | $1,221 |
| July 2024 | $1,648 |
| August 2024 | $1,900 |
| September 2024 | $1,862 |
| October 2024 | $1,773 |
| November 2024 | $1,523 |
| December 2024 | $1,677 |
| January 2025 | $1,678 |
| February 2025 | $1,460 |
| March 2025 | $1,755 |
| April 2025 | $1,721 |
| May 2025 | $1,717 |
| June 2025 | $1,333 |
| July 2025 | $1,431 |
| August 2025 | $1,411 |
| September 2025 | $1,410 |
Affordability calculator
Can I afford to live at 5538 N College Ave #5540?
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
$74,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $74,000 annually to afford this 2-bedrooms monthly rent price of $1,850.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| 5 months ago | $1,800 | 2 bed | 1.5 bath | ||
| 1 year ago | $1,850 | 2 bed | 1 bath | ||
| 1 year ago | $1,950 | 2 bed | 1.5 bath | ||
| 3 years ago | $1,645 | 2 bed | 1.5 bath |
Schools near 5538 N College Ave #5540
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 5538 N College Ave #5540
Getting around Indianapolis near 5538 N College Ave #5540
Walking
6/10
Some shops and stores are within a few minutes.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
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 5538 N College Ave #5540, Indianapolis
Groceries
9/10
At least one grocery store within a few minutes' 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
4/10
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
Other units at this address
5538 N College Ave, Indianapolis, IN
5538 N College Ave Indianapolis, IN
Occupied
2 Beds, 1.5 Baths
2 Beds
1.5 Baths
$1,645
Occupied
5538
2 Beds
1.5 Baths
$1,800
On-Site Laundry • In-Unit Laundry • Furnished • Hardwood Floor • Microwave • Dishwasher
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