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Historic Emerson Heights Craftsman-Style Bungalow

525 N Drexel Ave,  Indianapolis, IN 46201
2BR/1BA /Wood Floors/Fenced Yard & More...

Rent:  $1200/Month + Utilities  

For Rent - Stunning 2BR/1BA elegant craftsman-style bungalow in Historic Emerson Heights.  The comprehensive package includes beautifully maintained wood floors, trim, and doors, a fireplace (non-burning), built-ins, plenty of storage, large closets, a partial (unfinished) basement, a deck, a fenced yard, beveled glass entry, mirrored passthrough door from the living room to the kitchen, appliances, kitchen nook, and built-in pantry, exquisite windows (operational w/ screens), private carport & street-side parking,  door chime, and more.

Conveniently located on the city's eastside in the beautiful Emerson Heights community, -- a 2010 designee in the National Registry of Historic Places. Beneath the shade of 300-year-old Oak trees and nestled within streets of beautiful esplanades and charming homes, the Emerson Heights location offers walkable convenience to groceries and local shops, Ellenberger Park, Pleasant Run nature trails, Irvington restaurants, entertainment, and more.

Min 12-Month Lease  (24-Month Pref.)
Immediately Available

*Property manager lives in the community

VIRTUAL TOUR

Pets, Rent, & More...

HRES Residents are required to pay rent electronically each month by the 1st.  Residents pay water, sewer, gas, and electric utilities at this location.

Furry friends are permitted w/ permission. Home Real Estate Solutions does not believe in a monthly rent charge for resident's furry friends. We do however have a one-time non-refundable pet fee of $200/per pet due at lease signing. 

All HRES properties are non-smoking. To protect the quality of our homes, we do inspect. Residents or their guests found to be smoking inside HRES-managed properties will be charged a $1000 clean and paint fee and are subject to eviction.

Applications are processed online. A link will be sent to pre-qualified applicants who have first toured the property with a member of our leasing team.

Application fees are $100 per adult 18+. All adults living in the property 18 years of age or over must apply.

Applications include background, credit, rental history, references, and employment verifications.

See: Applicant Minimum Qualifications

HRES Mid-Term Lease Arrangements Are As Follows:

The current availability is for a Min. 30-night stay and Max 8-Month / with a required departure by November 15, 2023. 

Rent must be paid via bank transfer thus meaning residents must have a checking account and capability to pay rent online each month by the 1st.

The first month's rent, a security deposit, prorated rent if move in after the 1st, and pet fees are due upon lease signing. 

Leasing Application Requirements

  1. Credit Score. A minimum credit score of 650.
  2. Rental History. No prior evictions. No outstanding debt to prior landlords. 
  3. Employment & Income Verification. Verifiable stable employment history with consistent income demonstrating a 3:1 income-to-rent ratio.  More simply, an applicant's income must be at least three times the rent before deductions.  For example, if the rent is $1200 monthly, the applicant's verifiable income must be at least $3600 monthly. 
  4. Proof of Funds. Applicant must provide proof of funds to cover the first month's rent plus a security deposit equal to an entire month's rent and non-refundable pet fees or other (property-specific) charges.
  5. Application Fee.  All applicants must apply online. A 3rd-party charges an application fee to cover the cost of extensive background checks & verification. An application is required for adults 18+ intending to reside within an HRES-managed property.



“The ache for home lives in all of us.” —Maya Angelou

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