2 Days Ago
Highlights
Pet Friendly
Location
635 Phaeton Pl, Indianapolis, IN 46227, USA|Linden Wood
Tour 635 Phaeton Pl
Contact
PMI Indianapolis
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Amenities for 635 Phaeton Pl, Linden Wood
Community
| Cats OK | Dogs OK |
Grounds
| Outdoor Space |
Services
| 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
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Cat Policy
Allowed
Large Dog Policy
Allowed
Other Policy
Allowed
Small Dog Policy
Allowed
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12+ months |
|---|
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About 635 Phaeton Pl
Behold, your dream abode awaits at 635 Phaeton Place, nestled in the heart of Indianapolis! This spacious 4-bedroom home spans 2,508 square feet, offering ample space for relaxation and entertainment alike. With two full baths, morning routines are a breeze, ensuring everyone gets a fresh start to their day. Step inside to discover a harmonious blend of comfort and style, where natural light floods the living areas, creating a warm and inviting atmosphere. The open floor plan seamlessly connects the living room and kitchen, making it perfect for hosting gatherings or enjoying quiet family dinners. Each bedroom is generously sized, providing a peaceful retreat at the end of the day. Outside, the property offers a lovely yard space, ideal for weekend barbecues or simply soaking up the sun. Located in a vibrant community, you'll find schools, shopping, and dining options just a short drive away. The convenience of urban living meets the tranquility of suburban life at this exceptional address. Make 635 Phaeton Place your next home and relish in a lifestyle of comfort and convenience. Refrigerator and Range Provided. Pets Allowed. A Rent Guarantee Policy from TheGuarantors is required for all applicants. Security deposit amounts vary based on credit and income. Applicants who do not meet the minimum credit score of 680 and income requirement of 3x the monthly rent may be required to pay a deposit equal to 2 months' rent. At Pmi, we strive to provide an experience that is cost-effective and convenient. That’s why we provide a Resident Benefits Package (rbp) to address common headaches for our residents. Our program handles insurance, pest control, air filter changes, utility set up, credit building, resident rewards, identity protection and more at a rate of $69.99/month, added to every property as a required program. More details upon application. *If you provide your own insurance policy, the Rbp cost will be reduced by the amount of the insurance premium billed by Second Nature Insurance Services (npn No. 20224621). By submitting your information on this page you consent to being contacted by the Property Manager and RentEngine via Sms, phone, or email. 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 635 Phaeton Pl compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.3 mile away
- More space
- The 4-bedroom is 657 sqft larger than other listings nearby
- Images Available
- There are at least 10 photos of this address
- Package service
- More secure storage for delivery
Address details
| Neighborhood | Linden Wood |
|---|---|
| Zip code | 46227 |
| Type | House for rent |
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Rent trends in Linden Wood
Median rents as of Mar 21 2026.
Linden Wood
Indianapolis
| Month | Median Rent |
|---|---|
| April 2024 | $1,129 |
| May 2024 | $1,132 |
| June 2024 | $1,076 |
| July 2024 | $1,081 |
| August 2024 | $1,126 |
| September 2024 | $1,123 |
| October 2024 | $1,143 |
| November 2024 | $1,126 |
| December 2024 | $1,125 |
| January 2025 | $1,152 |
| February 2025 | $1,150 |
| March 2025 | $1,087 |
| April 2025 | $1,024 |
| May 2025 | $1,087 |
| June 2025 | $1,098 |
| July 2025 | $1,090 |
| August 2025 | $1,097 |
| September 2025 | $1,105 |
| October 2025 | $1,080 |
| November 2025 | $1,046 |
| December 2025 | $1,048 |
| January 2026 | $1,017 |
| February 2026 | $1,022 |
| March 2026 | $1,012 |
| Month | Median Rent |
|---|---|
| April 2024 | $660 |
| May 2024 | $660 |
| June 2024 | $725 |
| July 2024 | $740 |
| August 2024 | $795 |
| September 2024 | $752 |
| October 2024 | $672 |
| November 2024 | $678 |
| December 2024 | $740 |
| January 2025 | $1,072 |
| February 2025 | $1,058 |
| March 2025 | $1,040 |
| November 2025 | $967 |
| December 2025 | $983 |
| January 2026 | $1,028 |
| February 2026 | $1,045 |
| March 2026 | $1,040 |
Affordability calculator
Can I afford to live at 635 Phaeton Pl?
Bedrooms
4+ 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
$81,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $81,000 annually to afford this 4-bedrooms monthly rent price of $2,025.
For more information on rent affordability, visit our rent calculator.
Schools near 635 Phaeton Pl
Douglas MacArthur Elementary School
454 e stop 11 rd
indianapolis, IN, 46227
PK, K-5Public
A-
Family Development Services - Southeast Head Start
4024 south madison ave
indianapolis, IN, 46227
PKPublic
Rise Learning Center
5391 s shelby st
indianapolis, IN, 46227
PK, K-12Public
Rosa Parks Elementary School
7525 wellingshire blvd
indianapolis, IN, 46217
PK, K-5Public
A-
Ray Crowe Elementary
1300 ray crowe way
greenwood, IN, 46143
K-5Public
B
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Internet available near 635 Phaeton Pl
Neighborhood
Linden Wood | Indianapolis, IN
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Indianapolis near 635 Phaeton Pl
Walking
4/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
8/10
This area is close to freeways and has adequate parking options.
Cycling
3/10
This is semi-bikeable, but you’ll need another way of getting around.
Transit
1/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 635 Phaeton Pl, Indianapolis
Groceries
1/10
Closest supermarket further than a 30-minute walk
Shopping
6/10
Several shops within walking distance
Cafes
5/10
Some cafés within a few minutes’ walk
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
4/10
At least one high school within a 20-minute walk
Parks
6/10
Moderate amount of park space nearby
Nightlife
3/10
Some bars within walking distance
Explore the area around 635 Phaeton Pl
Walmart Supercenter
7245 US 31 S
Khambawi Asain Grocery
7007 US 31 S
Eden Asian Grocery
7482 Madison Ave
Fresh Thyme Market
8750 US 31
Saraga International Market
2308 E Stop 11 Rd
Shoe Carnival
7565 US 31
Cato Fashions
7679 Shelby St
Zadie B S Fashions
7785 US 31
Lovers Lane & Co
7225 US 31 S
Walmart Supercenter
7245 US 31 S
Dunkin'
7853 US 31
Tropical Smoothie Cafe
1250 E Stop 11 Rd
Mocha Nut Coffee Shop
1625 E Southport Rd
Starbucks
8817 US 31
7 Brew Coffee
1120 N State Road 135
Outback Steakhouse
7525 US 31
Bubba's 33
7799 US 31
Buffalo Wild Wings
8020 US 31
Schneider's Pub
8017 S Meridian St
O'Reilly's Irish Pub
8923 S Meridian St
The Healthy Food Cafe
1155 E Stop 11 Rd
Walmart Bakery
7245 US 31 S
Sweet Escape Cake Company
7745 S Meridian St
Caplinger's Fresh Catch
7620 S Meridian St
The Honey Baked Ham Express
8309 US 31 South
Perry Park
German Park
Northwest Park
Trails Park
Glenns Valley Nature Park
White Castle
7630 Shelby St
Margaritas Mexican Restaurant
7763 Shelby St
Wendy's
7802 US 31
Outback Steakhouse
7525 US 31
Penn Station East Coast Subs
7910 US 31
US 31 / Shelby St
US 31
Shelby St / 7901 S
US 31
US 31 / Greenwood Place Shops
US 31
US 31 / Hickory Ln
US 31
US 31 / Hickory Ln
US 31
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