Indy Colonial Apartments

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402-406 N Delaware St, Indianapolis, IN 46204
(463) 800-7998
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Indy Colonial Apartments

402-406 N Delaware St
Indianapolis, IN 46204
(463) 800-7998
Indy Colonial Apartments in Indianapolis, IN - Building Photo
  • 1 Bedroom Bedrooms
  • $1,025-$1,300Pricing
  • 520–980Square Feet

About Indy Colonial Apartments

Please come see our completely renovated apartment homes equipped with state of the art appliances, serious style and the most convenient location in town. Colonial Apartments is located at the intersection of Delaware & Vermont Streets in downtown Indianapolis. The community is one block from the Mass Ave. Cultural District full of distinguished eateries, art galleries, theatre and entertainment. Travel one half mile to monument circle for fine dining, and world class shopping.

Indy Colonial Apartments is located in the Circle City Neighborhood and 46204 Zip code of Indianapolis, IN. This community is professionally managed by Meridian Management Corporation

Unique Features and Amenities

  • bike storage
  • Coded Entry
  • Community Courtyard
  • Community Laundry
  • Court Yard
  • Dog Stations
  • Fenced Area
  • Full Gym
  • Gym
  • Historic Character
  • Modern Baths
  • Security Cameras
  • Security Camera's
  • Stainless steel appliances
  • Urban Chic Apartments

See All Amenities

Property Contact Info

Floorplan Pricing and Availability

Indy Colonial Apartments offers 1 Bedroom apartments starting from $1,075 and having 520–980 sq ft. Here is the current pricing and availability:

    • 1 Bedroom

      One Bedroom

      From $1,075

      1 Bed, 1 Bath, 520-980 sq ft
      Available Now
      Largest 1 BedroomThis is the largest 1 Bedroom at this Property

      Availability Details

      PriceAvailability DateUnitSq FtDepositPhotosView Details
      $1,075Available Now108589$525
      $1,075Available Now112520$53,750
      $1,300Available Now307980$650

      Model Amenities and Features

      Features

      • Air Conditioning
      • Cable Ready
      • Heating
      • High Speed Internet Access
      • Intercom
      • Security System
      • Smoke Free
      • Tub/Shower

      Kitchen

      • Dishwasher
      • Disposal
      • Eat-in Kitchen
      • Freezer
      • Granite Countertops
      • Kitchen
      • Microwave
      • Oven
      • Quartz Countertops
      • Range
      • Refrigerator
      • Stainless Steel Appliances

      Living Space

      • Crown Molding
      • High Ceilings
      • Vaulted Ceiling
      • Vinyl Flooring

      Unique Features

      • Bike Storage
      • Coded Entry
      • Community Laundry
      • Full Gym

      Model Rent and Fees

      Model Price Range

      • $1,025 - $1,300

      Current Available Pricing

      • $1,075 - $1,300

      Deposit

      • $525 deposit

      Unit 108 Amenities and Features

      Features

      • Air Conditioning
      • Cable Ready
      • Heating
      • Intercom
      • Smoke Free
      • Wi-Fi

      Living Space

      • Vinyl Flooring

      Unique Features

      • Bike Storage
      • Coded Entry
      • Community Laundry
      • Full Gym
      • Gym
      • Laundry On-site
      • Security Cameras

      Unit 108 Rent and Fees

      Unit Price

      • $1,075

      Deposit

      • $525 deposit

      Unit Description

      One Bedroom Located downtown across from Mass Ave

      Model Rent and Fees

      Model Price Range

      • $1,025 - $1,300

      Unit 112 Amenities and Features

      Features

      • Air Conditioning
      • Cable Ready
      • Heating
      • High Speed Internet Access
      • Intercom
      • Security System
      • Smoke Free
      • Tub/Shower

      Kitchen

      • Dishwasher
      • Disposal
      • Eat-in Kitchen
      • Freezer
      • Granite Countertops
      • Kitchen
      • Microwave
      • Oven
      • Quartz Countertops
      • Range
      • Refrigerator
      • Stainless Steel Appliances

      Living Space

      • Crown Molding
      • High Ceilings
      • Vaulted Ceiling
      • Vinyl Flooring

      Unique Features

      • Bike Storage
      • Coded Entry
      • Community Laundry
      • Full Gym

      Unit 112 Rent and Fees

      Unit Price

      • $1,075

      Deposit

      • $53,750 deposit

      Unit Description

      One Bedroom location

      Model Rent and Fees

      Model Price Range

      • $1,025 - $1,300

      Unit 307 Amenities and Features

      Features

      • Air Conditioning
      • Heating
      • Intercom
      • Smoke Free
      • Storage Space
      • Tub/Shower
      • Wi-Fi

      Living Space

      • Dining Room
      • High Ceilings
      • Tile Floors

      Unique Features

      • Back Patio
      • Bike Parking
      • Bike Storage
      • Coded Entry
      • Community Laundry
      • Full Gym
      • Gym
      • Laundry Onsite
      • Security Cameras

      Unit 307 Rent and Fees

      Unit Price

      • $1,300

      Deposit

      • $650 deposit

      Unit Description

      Large One Bedroom located downtown across from Mass Ave

      Model Rent and Fees

      Model Price Range

      • $1,025 - $1,300

      Model Name

      $1,075

      1 Bed, 1 Bath, from 528 sq ft
      Available Now

      Availability Details

      PriceAvailability DateUnitSq Ft
      $1,075Available NowModel Name from 528 sq ft

      Model Amenities and Features

      Features

      • Air Conditioning
      • Cable Ready
      • Heating
      • High Speed Internet Access
      • Intercom
      • Security System
      • Smoke Free
      • Tub/Shower
      • Wi-Fi

      Kitchen

      • Dishwasher
      • Disposal
      • Freezer
      • Granite Countertops
      • Ice Maker
      • Microwave
      • Oven
      • Quartz Countertops
      • Range
      • Refrigerator
      • Stainless Steel Appliances

      Living Space

      • Vinyl Flooring

      Unique Features

      • Bike Storage
      • Coded Entry
      • Community Laundry
      • Court Yard
      • Security Camera's

      Model Rent and Fees

      Model Price

      • $1,075

      Floorplan 307

      $1,300

      1 Bed, 1 Bath, from 980 sq ft
      Available Now

      Availability Details

      PriceAvailability DateUnitSq FtDeposit
      $1,300Available Now307 from 980 sq ft$1,300

      Model Amenities and Features

      Features

      • Air Conditioning
      • Cable Ready
      • Heating
      • High Speed Internet Access
      • Intercom
      • Security System
      • Smoke Free
      • Tub/Shower
      • Wi-Fi

      Living Space

      • Bay Window
      • Vinyl Flooring

      Outdoor Space

      • Lawn

      Unique Features

      • Coded Entry
      • Community Laundry
      • Fenced Area
      • Gym
      • Security Cameras

      Model Rent and Fees

      Model Price

      • $1,300

      Deposit

      • $1,300 deposit
    Price shown is base rent and may not include non-optional fees and utilities. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.

    Schedule a Tour

    Schedule a Tour
    Call us at: (463) 800-7998 to schedule a tour.

    Property Information

    • 39 Units
    • 3 Stories
    • Built in 1980

    Income Restrictions At Indy Colonial Apartments

    Income restrictions apply to some or all residents. Contact the community for more information.

    # PersonsAnnual Income
    1$2,700
    income restriction

    To qualify, you must be equal to or below those in the chart, based on the number of persons living in the dwelling.

    Lease Terms

    • 12 months

    Fees and Policies

    The fees below are based on community-supplied data and may exclude additional fees and utilities.

    Required Fees

    One-Time Move-In Fees

    Due at Application
    Application Fee Per Applicant$35

    Other Fees

    Pet Fees

    Dog

    Monthly Pet Fee$20/mo
    Pet Deposit$250

    Cat

    Monthly Pet Fee$20/mo
    One-Time Pet Fee$0
    Pet Deposit$250

    Dogs

    • 40 Lb Weight Limit
    Restrictions:

    $250 deposit is refundable

    Parking Info and Fees

    OtheriChristian Place 9th & Alabama

    Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.

    Features and Amenities

    On-Site Services

    • Renters Insurance Program
    • Video Patrol
    • 24 Hour Access
    • Key Fob Entry
    • Laundry Facilities

    Community Features

    • Walk Up

    Outdoor Features

    • Courtyard
    • Picnic Area
    • Controlled Access

    Recreation and Fitness

    • Fitness Center
    • Bicycle Storage

    Interior Features

    • Skylights
    • Security System
    • Tub/Shower
    • Intercom
    • Handrails
    • High Speed Internet Access
    • Heating
    • Cable Ready
    • Air Conditioning
    • Wi Fi
    • Smoke Free

    Kitchen Amenities

    • Warming Drawer
    • Disposal
    • Freezer
    • Kitchen
    • Stainless Steel Appliances
    • Range
    • Refrigerator
    • Eat In Kitchen
    • Microwave
    • Quartz Countertops
    • Oven

    Living Area Features

    • Views
    • Large Bedrooms
    • Vaulted Ceiling
    • Basement
    • Bay Window
    • Dining Room
    • Linen Closet
    • Recreation Room
    • Vinyl Flooring
    Google Map

    Map

    402-406 N Delaware St, Indianapolis, IN 46204

    Hours and Contact Info

    Call Us - Open Now!
    Currently Closed
    By Appointment
    Monday9:00 am–5:00 pm
    Tuesday9:00 am–5:00 pm
    Wednesday9:00 am–5:00 pm
    Thursday9:00 am–5:00 pm
    Friday9:00 am–5:00 pm
    SaturdayBy Appointment
    SundayBy Appointment

    Getting Around

    Walk Score®

    99 / 100

    Walker’s Paradise

    Daily errands do not require a car

    Bike Score®

    98 / 100

    Biker's Paradise

    Daily errands can be accomplished on a bike

    Transit Score®

    65 / 100

    Good Transit

    Many nearby public transportation options

    Frequently Asked Questions about Indy Colonial Apartments

    Where is Indy Colonial Apartments located?

    Indy Colonial Apartments is located at 402-406 N Delaware St near the Circle City area of Indianapolis, IN

    What is the current rent range at Indy Colonial Apartments?

    1 Bedrooms at Indy Colonial Apartments currently start from $1,075. Call today for more info!

    When is the leasing office open?

    • The office Hours for Indy Colonial Apartments are
    • Monday 9:00 am–5:00 pm
    • Tuesday 9:00 am–5:00 pm
    • Wednesday 9:00 am–5:00 pm
    • Thursday 9:00 am–5:00 pm
    • Friday 9:00 am–5:00 pm
    • Saturday By Appointment
    • Sunday By Appointment

    Are pets allowed?

    Call us today to find out our pet policy and if we allow pets

    Lifestyle Ratings

    • Affordability Nice Value3.4

      The Indy Colonial Apartments Apartments are 31.8% cheaper than the average apartment in the Circle City area, and 25.6% cheaper than the average apartment city-wide.

      Rent Comparison to the Circle City Neighborhood

      FloorplanLowest Price HereNeighborhood Avg RentNbhd Avg RentCost Difference%
      1 Bedroom$1,025$1,502-$477-31.8%

      Rent Comparison to the city of Indianapolis

      FloorplanLowest Price HereCity Average RentCost Difference%
      1 Bedroom$1,025$1,377-$352-25.6%

      Methodology: On 10/29/2025, ApartmentHomeLiving.com compared current rents by floorplan to 183 other apartment communities in the immediate area around Indy Colonial Apartments (Circle City), and 1063 other apartment communities in Indianapolis using today’s up-to-date pricing using the sum/count averaging formula. This data will be updated in real-time as prices fluctuate.

      Rent Pricing Data as of 10/29/2025

    • Transit Friendly 4.0

      Transit Friendly apartments feature a fantastic location and great access to local mass transit.

    Learn more about Lifestyle Search

    Renters Reviews and Ratings

    4.0
    0 Renters Reviews
    ⓘ How is this Rating Determined?The property ratings on ApartmentHomeLiving.com are created using a 5-star scale that includes average renter review scores combined with building ratings to determine an overall blended property score.

    Building ratings are based on a community’s features, including the building design, construction, exterior spaces, and amenities. To learn more about the CoStar Building Rating System, refer to our official guidelines here.

    Nearby Schools

    Arsenal Technical High School

    Indianapolis Public Schools
    1500 E Michigan St
    Public School - Grades 9-12 (2366 Students)
    In Attendance Zone3 minute drive / 1.1 miles away
    1/10

    Center for Inquiry School 2

    Indianapolis Public Schools
    725 North New Jersey Street
    Public School - Grades K-8 (444 Students)
    In Attendance Zone1 minute drive / 0.4 miles away
    6/10

    Crispus Attucks Medical Magnet High School (9-12)

    Indianapolis Public Schools
    1140 Dr M Luther King Jr St
    Public School - Grades 9-12 (1188 Students)
    In Attendance Zone3 minute drive / 1.0 miles away
    1/10

    Francis W Parker School 56

    Indianapolis Public Schools
    2353 Columbia Avenue
    Public School - Grades PK-8 (274 Students)
    In Attendance Zone4 minute drive / 2.2 miles away
    3/10
    School data provided by GreatSchools.
    details
    The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on scale of 1 (below average) and to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider needs as part of the school selection process.

    About GreatSchools Data on ApartmentHomeLiving.com.

    Points of Interest

    Time and distance from Indy Colonial Apartments.

    Arts Museums and Landmarks

    Lucas Oil Stadium

    500 South Capitol Ave
    1 minute drive / 0.21 miles away

    ArtsGarden

    50 W. Washington Street
    1 minute drive / 0.51 miles away

    Indianapolis Repertory Theater

    140 W. Washington Street
    1 minute drive / 0.6 miles away

    Big Box and Retail

    Walgreen's

    1530 N Meridian St
    3 minute drive / 1.29 miles away

    Cvs/Pharmacy

    1545 N Meridian St
    3 minute drive / 1.3 miles away

    Kroger

    4445 E 10th St
    6 minute drive / 3.07 miles away

    Colleges and Universities

    Indiana University School of Medicine

    340 W 10th St
    4 minute drive / 1.41 miles away

    Indiana University-Indianapolis

    425 University Blvd
    4 minute drive / 1.45 miles away

    Ivy Tech Community College - Downtown Indianapolis Campus

    50 West Fall Creek Pkwy
    5 minute drive / 2.41 miles away

    Groceries

    Kroger

    4445 E 10th St
    6 minute drive / 3.07 miles away

    Save-A-Lot

    2930 E 38th St
    9 minute drive / 4.35 miles away

    Aldi

    6691 E Washington St
    11 minute drive / 5.2 miles away

    Hospitals

    Eskenazi Health

    720 Eskenazi Avenue
    4 minute drive / 1.44 miles away

    Indiana University Health

    1701 N Senate Blvd
    4 minute drive / 1.64 miles away

    Neurodiagnostic Institute

    5435 E 16th St
    8 minute drive / 4.12 miles away

    Military Bases

    Naval Avionics Center

    10 minute drive / 5.04 miles away

    Parks and Recreation

    Benjamin Harrison House

    1230 North Delaware Street
    2 minute drive / 0.97 miles away

    White River State Park

    White River State Park
    4 minute drive / 1.38 miles away

    Garfirled Conservatory

    2505 Conservatory Drive
    5 minute drive / 2.75 miles away

    Indy Colonial Apartments has 4 parks within 2.8 miles, including Benjamin Harrison House, White River State Park, Garfirled Conservatory, and SpaceQuest Planetarium.

    Restaurants and Dining

    Elements

    415 North Alabama Street
    1 minute drive / 0.24 miles away

    Gabriel's Cafe

    320 North Meridian St
    1 minute drive / 0.44 miles away

    Iaria's Italian Restaurant

    317 South College Avenue
    1 minute drive / 0.6 miles away

    Shopping Centers

    Circle Centre

    50 S Meridian St
    1 minute drive / 0.54 miles away

    National City Center

    155 W Washington St
    1 minute drive / 0.63 miles away

    Villaggio @ Page Pointe

    411 Virginia Ave
    2 minute drive / 0.68 miles away

    Indy Colonial Apartments has 5 shopping centers within 1.0 miles.

    Nearby Neighborhoods

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    Rental Price Ranges in the Area

    BedroomAverage RentCheapest RentHighest Rent
    Indianapolis Studio Apartments $1,202$581$5,271
    Indianapolis 1 Bedroom Apartments $1,377$581$4,071
    Indianapolis 2 Bedroom Apartments $1,663$563$5,706
    Indianapolis 3 Bedroom Apartments $2,034$1,085$8,565
    Indianapolis 4 Bedroom Apartments $1,908$550$8,134
    Indianapolis 5 Bedroom Apartments $4,699$1,000$8,595

    Browse Top Apartments in Indianapolis

    Viewing: Indy Colonial Apartments | Desktop Version | Listing Updated: 10/03/2025 | AHLSLV