Last Updated: 1 Day Ago

Monthly Rent

No Availability

Beds

1 - 2

Baths

1

* 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. Note: Price and availability subject to change without notice. Note: Based on community-supplied data and independent market research. Subject to change without notice.

Lease Terms

12 mo

Fees and Policies

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

  • One-Time Basics
    • Due at Application
      • Application Fee Per Applicant
        Charged per applicant.
        $30
        Charged per applicant.

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.

About Markwood Terrace Apartments

Cozy 1 Bed Apartment Available Near UIndy! - Welcome to Markwood Terrace!! Markwood Terrace is located in a quiet neighborhood in the middle of everything South Indy has to offer. We are minutes from downtown Indianapolis and Garfield Park, a scooter ride from UIndy and the Red Line and within walking distance of Southern Plaza. Located 2 blocks from I-465 you're right next to the highway for weekend getaways. Most of our apartments feature original oak hardwood floors. All have updated HVAC systems and energy efficient water heater and furnace. Call Michelle at 317-716-3432 for a showing and questions. Apartment Features: ~Online Tenant Portal ~Electronic Lease Signing and Online Payments ~Spacious Floor Plans ~Renovated Kitchens - New Cabinetry, Counter tops, and Appliances ~Abundant Closet Space ~Laundry Facilities in the Buildings ~Highly Desirable Area, close to Fountain Square and Downtown Indy ~Large Park-Like Property ~FREE Parking -Pet Friendly (RLNE1937570)

Markwood Terrace Apartments is located in Indianapolis, Indiana in the 46227 zip code. This apartment community was built in 1960 and has 3 stories with 36 units.

Special Features

  • 24 Hour Emergency Maintenance
  • Assigned Parking
  • Central Heat
  • Free Parking
  • Free Parking!
  • Green Living Initiative
  • Individually Metered Electric
  • Individually Metered Gas
  • Laundry Facility in Building
  • Laundry Facility on Site
  • Laundry Room Area
  • Living Room
  • New HVAC, New Windows, Wood Floors
  • Online Lease Signing and Resident Portal
  • Pet Friendly Property
  • Pets allowed in some units
  • Secure Building
  • Trash Pickup Included
  • Trash Pick-Up Included
  • Walk In Closet
  • Water/Sewer RUBS

Community Features

  • Laundry Facilities
  • Walk-Up

Floorplan Amenities

  • High Speed Internet Access
  • Air Conditioning
  • Heating
  • Smoke Free
  • Cable Ready
  • Tub/Shower
  • Disposal
  • Eat-in Kitchen
  • Kitchen
  • Oven
  • Range
  • Refrigerator
  • Freezer
  • Hardwood Floors
  • Carpet
  • Tile Floors
  • Dining Room
  • Walk-In Closets
  • Double Pane Windows
  • Window Coverings
  • Yard

Airport

  • Indianapolis International

    Drive: 26 min 14.7 mi

Commuter Rail

  • Indianapolis

    Drive: 8 min 4.5 mi

Universities

Parks & Recreation

  • Garfield Park Conservatory and Sunken Gardens

    Drive: 5 min 2.4 mi
  • Garfield Park

    Drive: 6 min 2.6 mi
  • Bethel Park

    Drive: 9 min 4.5 mi
  • Perry Park

    Drive: 11 min 5.4 mi
  • Christian Park

    Drive: 12 min 6.4 mi

Shopping Centers & Malls

Schools

GreatSchools Rating

Private Elementary & Middle School

251 Students
(317) 784-9144
Grades K-8

Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

Similar Nearby Apartments with Available Units

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Ratings

Walkability

NR
Not Rated

Transit

NR
Not Rated

Bikeability

NR
Not Rated

Rent Ranges for Similar Nearby Apartments.

Studio
395 Sq Ft
$749 - $1,051
1 Bed
680 - 682 Sq Ft
$300 - $1,405
2 Beds
888 Sq Ft
$900 - $2,074
3 Beds
1,195 Sq Ft
$1,295 - $1,700
4 Beds
1,635 Sq Ft
$2,200
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