Lockerbie Lofts Apartments

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(463) 219-2737
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640 E Michigan St, Indianapolis, IN 46202

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Lockerbie Lofts

640 E Michigan St
Indianapolis, IN 46202
(463) 219-2737
Lockerbie Lofts in Indianapolis, IN - Building Photo
  • Studio–2 Bedrooms
  • $1,223-$2,024 Pricing
  • 585–1,566 Square Feet

About Lockerbie Lofts

Lockerbie Lofts is located in the Lockerbie Square Neighborhood and 46202 Zip code of Indianapolis, IN. This community is professionally managed by Flaherty & Collins, Inc

Property Contact Info

Floorplan Pricing and Availability

Lockerbie Lofts offers Studio to 2 Bedroom apartments starting from $1,223 and having 585–1,566 sq ft. Here is the current pricing and availability:

  • Studio

    S1-2 - The Wiley 2

    From $1,223

    Studio, 1 Bath, 585 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq FtDepositView Details
    $1,253Available NowC134585$200
    $1,223 May 29, 2026C434585$200

    Model Amenities and Features

    Features

    • Windows

    Model Rent and Fees

    Model Price Range

    • $1,223 - $1,253

    Deposit

    • $200 deposit

    Unit C134 Rent and Fees

    Unit Price

    • $1,253

    Deposit

    • $200 deposit

    Model Rent and Fees

    Model Price Range

    • $1,223 - $1,253

    Unit C434 Rent and Fees

    Unit Price

    • $1,223

    Deposit

    • $200 deposit

    Model Rent and Fees

    Model Price Range

    • $1,223 - $1,253

    S1 - The Wiley

    Studio, 1 Bath, 585 sq ft
     

    Availability Details

    Availability DateUnitSq Ft
    Call for AvailabilityS1 - The Wiley585 sq ft

    Model Amenities and Features

    Features

    • Windows

    S2 - The Crane

    Studio, 1 Bath, 667 sq ft
     
    Largest StudioThis is the largest Studio at this Property

    Availability Details

    Availability DateUnitSq Ft
    Call for AvailabilityS2 - The Crane667 sq ft

    Model Amenities and Features

    Features

    • Windows
    Show Unavailable Floorplans
  • 1 Bedroom

    A2 - The Webber

    From $1,606

    1 Bed, 1 Bath, 759 sq ft
    Available Now
    Cheapest 1 BedroomThis is the cheapest 1 Bedroom at this Property

    Availability Details

    PriceAvailability DateUnitSq FtDepositView Details
    $1,606Available NowD155759$200
    $1,676 May 12, 2026B429759$200
    $1,656 June 8, 2026B229759$200

    Model Amenities and Features

    Features

    • Windows

    Model Rent and Fees

    Model Price Range

    • $1,606 - $1,676

    Deposit

    • $200 deposit

    Unit D155 Rent and Fees

    Unit Price

    • $1,606

    Deposit

    • $200 deposit

    Model Rent and Fees

    Model Price Range

    • $1,606 - $1,676

    Unit B429 Rent and Fees

    Unit Price

    • $1,676

    Deposit

    • $200 deposit

    Model Rent and Fees

    Model Price Range

    • $1,606 - $1,676

    Unit B229 Rent and Fees

    Unit Price

    • $1,656

    Deposit

    • $200 deposit

    Model Rent and Fees

    Model Price Range

    • $1,606 - $1,676

    A3 - The Herman

    $2,001

    1 Bed, 1 Bath, 1035 sq ft
    Available Jul 17
    Largest 1 BedroomThis is the largest 1 Bedroom at this Property

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    $2,001 July 17, 2026B3171035$200

    Model Amenities and Features

    Features

    • Windows

    Unit B317 Rent and Fees

    Unit Price

    • $2,001

    Deposit

    • $200 deposit

    Model Rent and Fees

    Price

    • $2,001

    A1 - The Oliver

    1 Bed, 1 Bath, 759 sq ft
     

    Availability Details

    Availability DateUnitSq Ft
    Call for AvailabilityA1 - The Oliver759 sq ft

    Model Amenities and Features

    Features

    • Windows
    Show Unavailable Floorplans
  • 2 Bedrooms

    B1 - The Mary

    From $1,994

    2 Beds, 2 Baths, 984 sq ft
    Available Jun 18
    Cheapest 2 BedroomThis is the cheapest 2 Bedroom at this Property

    Availability Details

    PriceAvailability DateUnitSq FtDepositView Details
    $1,994 June 18, 2026B330984$200
    $2,009 July 8, 2026B430984$200

    Model Amenities and Features

    Features

    • Windows

    Model Rent and Fees

    Model Price Range

    • $1,994 - $2,009

    Deposit

    • $200 deposit

    Unit B330 Rent and Fees

    Unit Price

    • $1,994

    Deposit

    • $200 deposit

    Model Rent and Fees

    Model Price Range

    • $1,994 - $2,009

    Unit B430 Rent and Fees

    Unit Price

    • $2,009

    Deposit

    • $200 deposit

    Model Rent and Fees

    Model Price Range

    • $1,994 - $2,009

    B2 - The Tate

    $2,024

    2 Beds, 2 Baths, 1008 sq ft
    Available Jul 2

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    $2,024 July 2, 2026C3331008$200

    Model Amenities and Features

    Features

    • Windows

    Unit C333 Rent and Fees

    Unit Price

    • $2,024

    Deposit

    • $200 deposit

    Model Rent and Fees

    Price

    • $2,024

    B3 - The Kindel

    2 Beds, 2.5 Baths, 1341 sq ft
     

    Availability Details

    Availability DateUnitSq Ft
    Call for AvailabilityB3 - The Kindel1341 sq ft

    Model Amenities and Features

    Features

    • Windows

    B4 - The Ray

    2 Beds, 2.5 Baths, 1566 sq ft
     
    Largest 2 BedroomThis is the largest 2 Bedroom at this Property

    Availability Details

    Availability DateUnitSq Ft
    Call for AvailabilityB4 - The Ray1566 sq ft

    Model Amenities and Features

    Features

    • Windows
    Show Unavailable Floorplans
Price shown is base rent. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. 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) 219-2737 to schedule a tour.

3D Tours

Property Information

  • 215 Units
  • 4 Stories
  • Built in 2016

Lease Terms

  • 1 - 15 mo
  • Short Term Lease Options

Fees and Policies

The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified.

Required Fees

One-Time Basics

Due at Application
Application Fee Per ApplicantiCharged per applicant.$50.00
Due at Move-In
Administrative FeeiCharged per unit.$200.00

Other Fees and Policies

Pet Fees

Cat
One-Time Pet FeeiMax of 2. Charged Per Pet.$300.00
Monthly Pet FeeiMax of 2. Charged Per Pet.$25.00/mo
Restrictions:

Our community is a pet-friendly community. All residents are required to complete a pet profile and screening through our designated pet screening portal. All pets are subject to breed restrictions and a complete list of breed restrictions is available within our pet screening portal. Additional deposits, fees, and, or monthly pet rent may apply. All pets must comply with community rules and local ordinances.

Comments:

Max of 2.

Dog
One-Time Pet FeeiMax of 2. Charged Per Pet.$300.00
Monthly Pet FeeiMax of 2. Charged Per Pet.$25.00/mo
Restrictions:

Our community is a pet-friendly community. All residents are required to complete a pet profile and screening through our designated pet screening portal. All pets are subject to breed restrictions and a complete list of breed restrictions is available within our pet screening portal. Additional deposits, fees, and, or monthly pet rent may apply. All pets must comply with community rules and local ordinances.

Comments:

Max of 2.

Reptiles
  • 20 Pet Limit
  • 20 Lb Weight Limit

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

Community Features

  • Corporate Housing

Interior Features

  • Windows
Google Map

Map

640 E Michigan St, Indianapolis, IN 46202

Hours and Contact Info

Call Us - Open Now!
Currently Closed
By Appointment
Monday9:00 am–6:00 pm
Tuesday9:00 am–6:00 pm
Wednesday9:00 am–6:00 pm
Thursday9:00 am–6:00 pm
Friday9:00 am–6:00 pm
Saturday10:00 am–5:00 pm
SundayClosed

Frequently Asked Questions about Lockerbie Lofts

Where is Lockerbie Lofts located?

Lockerbie Lofts is located at 640 E Michigan St near the Lockerbie Square area of Indianapolis, IN

What is the current rent range at Lockerbie Lofts?

Studio to 2 Bedroom Apartments at Lockerbie Lofts currently range from $1,223 to $2,024

When is the leasing office open?

  • The office Hours for Lockerbie Lofts are
  • Monday 9:00 am–6:00 pm
  • Tuesday 9:00 am–6:00 pm
  • Wednesday 9:00 am–6:00 pm
  • Thursday 9:00 am–6:00 pm
  • Friday 9:00 am–6:00 pm
  • Saturday 10:00 am–5:00 pm
  • Sunday Closed

Are pets allowed?

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

Lifestyle Ratings

  • Affordability Nice Value3.2

    The Lockerbie Lofts Apartments are 7.7% cheaper than the average apartment in the Lockerbie Square area, and 12.87% more expensive than the average apartment city-wide.

    Rent Comparison to the Lockerbie Square Neighborhood

    FloorplanLowest Price HereNeighborhood Avg RentNbhd Avg RentCost Difference%
    Studio$1,223$1,310-$87-6.6%
    1 Bedroom$1,606$1,687-$81-4.8%
    2 Bedroom$1,994$2,259-$265-11.7%

    Rent Comparison to the city of Indianapolis

    FloorplanLowest Price HereCity Average RentCost Difference%
    Studio$1,223$1,206+$171.4%
    1 Bedroom$1,606$1,385+$22116.0%
    2 Bedroom$1,994$1,645+$34921.2%

    Methodology: On 05/04/2026, ApartmentHomeLiving.com compared current rents by floorplan to 331 other apartment communities in the immediate area around Lockerbie Lofts (Lockerbie Square), and 2633 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 05/04/2026

  • Transit Friendly 3.8

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

Learn more about Lifestyle Search

Renters Reviews and Ratings

1.0
3 Renters Reviews
  • DO NOT MOVE HERE!

    November 24, 2019
    I thought the roaches were bad enough, but rats too?!I have been awoken from a sound sleep with 1 roach crawling on my face, another time crawling on my arm, and yet another one found crawling in my bed sheets. I am a very trusting person. When they told me they were going to do something, SILLY ME!*
    Review from Apartments.com
  • Terrible Property

    July 25, 2019
    This property has nice amenity, but is terribly managed. Matt and Jasmine used to be great, however, management changed since Jan 2019 and everything went downhill. The new management started with terrible communications in the beginning, leaving residents confused. The auto payment had problems during the transition, but was later fixed. This place has serious safety concerns - there has been bikes stolen from storage room, cars broken into in the parking garage, and my own car stolen from ...
    the parking garage (you read that right). While it's not entirely the property's fault that those things happened, the way they handled it was just awful and totally lacking sympathy. Here's a response I got from the leasing office manager after voicing my concern ard safety: "While we know that you pay for a garage space, the space you pay for is advertised from our end as covered parking. Crime has no address, and we do not promote as being able to prevent crime." I was very disappointed abt the way things were handled. On daily issues, response is very slow and ever since I sent in lease ending notification, my call was never picked up. The last straw was after I moved out, they sent me a bill claiming that the valet trash can wasn't left in the room, when it clearly was. I'm going to dispute the charge, but it just feels they try every way to make residents' life miserable. There's some rent promotion going on. After my personal experience w. this property, I wouldn't live there even it was for free.
    Read More
    Review from Apartments.com
  • Save your money

    March 29, 2019
    This place looks great from the outside, but is one of the most poorly ran apartments I have ever lived in. 1. They claim the building is secure, but it’s not. If you’re accessing the building from the first floor doors or lobby you need a key pass to get in. Whoever designed the building decided you don’t need a keypass to get onto the first floor from the garage.. which would be fine if you needed a keypass to get in the garage, but you don’t. You can easily push a button on the garage door ...
    entrance to get a “ticket” and gain access to the garage which gives you access to the building without any keys needed. It also leaves all vehicles exposed as the garage is accessible by anyone by simply pushing a button for a ticket. 2. The parking garage is located underneath the building and has VERY steep ramps leading down to the parking garage door. EVERY SINGLE YEAR, during winter, they don’t salt the ramps so people slide down the ramp and go straight through the garage door. To add icing on the cake, they will attempt to make you use your own insurance to cover the damages caused by their negligence. Once the door is damaged, they just leave the garage doors open for weeks at a time, allowing anyone access to your vehicles and also to your residence. No keypass needed. 3. I had a neighbor who constantly smoked cigarettes in his apartment, blared music, stunk up the entire floor, and they never did a single thing about it. I complained 5 times about him dancing in the alleyway shirtless while listening to EDM at 7am and other super weird, eccentric encounters and nothing was ever done. 4. The parking garage underneath leaks calcium deposits from all the water / rain coming from the pool / common area upstairs going through the concrete. There are a TON of spots in the garage where if you park, your paint will get RUINED by these calcium deposits. Management, to this day and to my knowledge, has never addressed this issue, put out cones, or let any residents know about the possibility of having your paint job completely ruined by their garage. There are actual stalagmites growing from the floor in some places, you can’t make this up. Save your money and go somewhere else, I got out of there as fast as I could.
    Read More
    Review from Apartments.com

Nearby Schools

Arsenal Technical High School

Indianapolis Public Schools
1500 E Michigan St
Public School - Grades 9-12 (2366 Students)
In Attendance Zone1 minute drive / 0.6 miles away
1/10
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 Lockerbie Lofts.

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

Riley Hospital For Children

705 Riley Hospital Dr
5 minute drive / 1.71 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

Lockerbie Lofts 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

Lockerbie Lofts has 5 shopping centers within 1.0 miles.

Nearby Neighborhoods

Studio to 4 Bedroom Apartments from $655
View Rentals
Studio to 4 Bedroom Apartments from $544
View Rentals
Studio to 3 Bedroom Apartments from $846
View Rentals

Rental Price Ranges in the Area

BedroomAverage RentCheapest RentHighest Rent
Indianapolis Studio Apartments $1,206$495$5,288
Indianapolis 1 Bedroom Apartments $1,385$544$4,071
Indianapolis 2 Bedroom Apartments $1,645$545$6,669
Indianapolis 3 Bedroom Apartments $2,024$626$9,886
Indianapolis 4 Bedroom Apartments $1,812$600$10,000+
Indianapolis 5 Bedroom Apartments $11,822$6,933$10,000+

Browse Top Apartments in Indianapolis

Viewing: Lockerbie Lofts | Desktop Version | Listing Updated: 05/04/2026 | AHLDIA