Madison

📍 226-42 E 12th St, Indianapolis, IN 46202

📋 Property Overview

At Madison you get 1 bd / 1 ba. Interior space is 480 sq ft. Monthly rent ranges $895-$1,045. Inside, the home includes hardwood floors and recently renovated. Shared amenities include E-payments, CC payments, online portal and parking. Leases run 12 months. Availability: Available now. Included in the rent: water, trash, hot Water and sewer. With a Walk Score of 83, most errands can be done on foot. Transit Score is 55. That is 34% below the local median of $1,350.

🚶 Getting Around

• Walk Score83/100

  Very Walkable

• Transit Score55/100

  Good Transit

💵 Costs & Lease

Lease length

12 months

Units available

5 units

Amounts are as published by the source and may change. Confirm before applying.

📐 Floor Plan Details

• 1 Bdrm, W/D, Small1 bd · 1 ba · 512 sq ftNone available right now
• 1x11 bd · 1 ba · 570 sq ft$9901 unit available
• 1 Bdrm, W/D, Large1 bd · 1 ba · 570 sq ft$1,0451 unit available
• 1 Bedroom1 bd · 1 ba · 480 sq ft$8953 units available

🧾 Move-in Costs & Lease

Lease length

12 months

Available

Available now

Application fee

$60 per applicant, paid to RivoRent

Property amounts are as published by the source and may change. Confirm before applying. The application fee is RivoRent's own and is the same on every listing.

🛡️ Renters Insurance — Estimated Cost

Based on what Indiana renters actually paid: NAIC industry data for 2023 (average HO-4 premium, 388,827 policy-years), adjusted to July 2026 with the U.S. Bureau of Labor Statistics tenants' insurance index. It is a market average, not a price for this building and not a price for you.

Your own price depends most on your credit-based insurance score, your claims history and which carrier you choose. In published Ohio figures the same coverage ranges from $127 a year at excellent credit to $933 at poor credit. We do not ask for any of that, so we cannot narrow this for you.

💡 Utilities Included

• Hot Water
• Sewer
• Trash
• Water

✅ Who Qualifies

Must have 3.5x the rent in total household income (before taxes)

✨ Features & Details

• On-site laundry
• Hardwood floors
• Parking
• Recently renovated
• E-payments
• Online portal
• CC payments
• 570 sq ft
• 480 sq ft

📊 Property Facts

Walk Score

83 · Very Walkable

Transit Score

55 · Good Transit

🎓 Nearby Schools

• Herron High School · 9-1210/10 · 0.4 mi
• Center for Inquiry School 2 · K-86/10 · 0.4 mi
• George and Veronica Phalen Leadership Academy · K-76/10 · 0.5 mi
• Center for Inquiry School 27 · PK-82/10 · 0.6 mi
• Crispus Attucks Medical Magnet High School (9-12) · 9-121/10 · 0.9 mi
• H.L. Harshman Magnet Middle School · 7-82/10 · 1.1 mi
• Arsenal Technical High School · 9-121/10 · 1.1 mi
• Theodore Potter School 74 · K-62/10 · 1.2 mi
• George Washington Carver School 87 · PK-85/10 · 1.5 mi
• Tindley Genesis Academy · K-46/10 · 1.5 mi

🏡 Floor Plans