501 Madison Ave, Unit 305
Description
- Listed by Mark Jones • PMI Midwest
Property Details for 501 Madison Avenue, Unit 305
Property Details for 501 Madison Avenue, Unit 305
| Status | Active |
|---|---|
| MLS # | 22045742 |
| Days on Market | 178 |
| Rental Incentives | - |
| Available Date | 06/30/2025 |
| Lease Term | 12 |
| Furnished | Unfurnished |
| Compass Type | Rental |
| MLS Type | Residential Lease / Condominium |
| Year Built | 1860 |
| Lot Size | 0.52 AC / 22,651 SF |
| County | Marion County |
Location
Building Information for 501 Madison Avenue, Unit 305
Property Information for 501 Madison Avenue, Unit 305
- City: Indianapolis
- Condo Description Location: Building Common Entry
- County Or Parish: Marion
- Directions: GPS Friendly
- Postal Code: 46225
- Postal Code Plus4: 1177
- State Or Province: IN
- Unit Number: 305
- View: City
- View: Yes
- Attic YN: Yes
- Association Fee: $0
- Parcel Number: 491112225004000101
- Semi Annual Property Tax Amt: 23745
- Tax Year: 2024
- TaxLot: 491112225004000101
- School District: Indianapolis Public Schools
- Owner Pays: No Utilities
- Garage YN: Yes
- Garage Parking Other: Guest Street Parking,Shared Garage
- Garage Spaces: 1.0
- Acreage: 1/2-1 Acre
- Condo Type: Horizontal
- Lifestyles: Flat
- Lot Size Square Feet: 22651.0
- Lot Size Acres: 0.52
- Main Level SqFt: 500
- New Construction: False
- Living SqFt: 0.0
- Sqft Total: 500.0
- Sq Ft Total: 500.0
- Year Built Numeric: 1860
- Living Area Source: Assessor
- Affected by Disclosures: No
- Common Walls: 2+ Common Walls
- DPRYN: No
- FHA Certified: No
- Legal Subdivision: 100' On Madison Ave X 258.5' On Henry St Ol25
- Ownership Type: Other/See Remarks
- Photos Count: 13
- Property Attached: Yes
- Property Sub Type: Condominium
- Property Type: Residential Lease
- Transaction Type: Lease
- Community Features: Restaurant
- Property Condition: Updated/Remodeled
- Solid Waste: No
- Water Source: Public
- Construction Materials: Brick
- Exterior Features: Lighting
- Foundation Details: Slab
- Horse Amenities: None
- Accessibility Features: No
- Appliances: Common Laundry, Dishwasher, Microwave, Electric Oven, Refrigerator
- Basement YN: No
- Cooling: Central Air
- Eating Area: Dining Combo/Living Room
- Fireplaces Total: 0
- Floor Number: 3
- Furnished: Unfurnished
- Heating: Forced Air
- Interior Features: High Ceilings, Kitchen Island, Elevator, Hardwood Floors
- Levels: One
- Kitchen Features: Kitchen Updated
- Additional Equipment: Smoke Alarm
- Room List: Kitchen
- Room and Features: Kitchen-Main-Tile-Ceramic
- Main Level Bedrooms: 0
- Laundry Features: Common Laundry, Connections Some
- Num Bedrooms Upper: 0
- Num Bedrooms Basement: 0
- Rooms Basement: 0
- Rooms MU: 1
- Rooms Total MU: 1
- Total Rooms: 1
- Room Level: Main
- Room Dimensions: 10x10
- Room Features: Tile-Ceramic
- Room Type: Kitchen
- Bathrooms Full: 1
- Bathrooms Half: 0
- Bathrooms Total Count: 1
- Full Baths Basement: 0
- Full Baths Main: 1
- Full Baths MU: 1
- Full Baths Upper: 0
- Half Baths Basement: 0
- Half Baths Main: 0
- Half Baths MU: 0
- Half Baths Upper: 0
- Beds MU: 0
- Bedrooms MU: 0
- Bedrooms Total: 0
- Due At Lease Sign: First Month Rent
- Min Lease Req: 12
- Pets Allowed: W/Approval
- Tenant Pays: All Utilities
Property History for 501 Madison Avenue, Unit 305
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Oct 30, 2025 | Price Change MIBORMLS #22045742 | $1,099 | — |
| Jun 18, 2025 | Listed (Active) MIBORMLS #22045742 | $1,149 | — |
| Date | Event & Source | Price |
|---|---|---|
| 10/30/2025 | Price Change MIBORMLS #22045742 | $1,099 |
| 06/18/2025 | Listed (Active) MIBORMLS #22045742 | $1,149 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 501 Madison Avenue, Unit 305
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 6 | |||
| Public - | PK to 6 | |||
| Public - | PK to 6 | |||
| Public - | PK to 6 |
Rating | School | Distance |
|---|---|---|
Thomas D. Gregg School 15 PublicPK to 6 | ||
Brookside School 54 PublicPK to 6 | ||
James Russell Lowell School 51 PublicPK to 6 | ||
Washington Irving School 14 PublicPK to 6 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the owner. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of PMI Midwest
Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/13/2025 08:07 AM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.