650 N Alabama St #30102, Indianapolis, IN 46204
Property image
Property image
OFF MARKET
  • 2 Beds
  • 2.5 Baths
  • 1,370 sqft

650 N Alabama St #30102, Indianapolis, IN 46204

Downtown

Home Highlights

Apartment
Built in 1962
1,370 sqft
Garage

Local Information

  • Map ViewExplore the area around 650 N Alabama St #30102.
  • Schools7 Preschool Schools11 Elementary Schools4 Middle Schools4 High Schools
  • Shop & Eat
-- mins to
Commute Destination

About this House

Welcome Home to Riley Towers!

RILEY TOWERS DEFINES GRACEFUL LIVING...You will enjoy breathtaking views of the skyline, the conveniences and service of a luxury community, and a great downtown location that connects you to the pulse of the city. Comfort affordability and quality are the rewards of Riley Towers. We invite you to discover the difference today.
650 N Alabama St #30102, Indianapolis, IN 46204 is a 2 bedroom, 3 bathroom, 1,370 sqft apartment in Downtown, built in 1962. More recently, it was listed as a rental in September 2025 with an asking price of $2,485 per month. That rental listing was removed on March 2, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate rent is $2,613/month.
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Property Website

Home Details for 650 N Alabama St #30102

Property Information

Year Built
Year Built: 1962
Property Type / Style
Property Type: Apartment

Rental Terms, Policies & Fees

Lease Term: Flexible Lease

Interior Features

Appliances & Utilities
DryerWasher
Fireplace & Spa
Hot Tub or Spa

Exterior Features

Pool
Pool
Parking & Garage
GarageParking: Detached Garage, On Site

Building

Community rooms
Fitness Center

Additional Information

GatedPool

Comparable Sales for 650 N Alabama St #30102

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1037 N Park Ave, Indianapolis, IN
0.44
Apartment
$454,900
01/20/26
2
3
1,478 sqft
1525 E Market St, Indianapolis, IN
1.24
Apartment
$360,000
07/24/26
2
2
1,300 sqft
101 N Arsenal Ave, Indianapolis, IN
1.18
Apartment
$475,000
02/06/26
3
2
1,300 sqft
2421 Coyner Ave, Indianapolis, IN
1.91
Apartment
$81,000
12/10/25
5
2
1,400 sqft
2060 Central Ave, Indianapolis, IN
1.32
Apartment
$390,000
12/17/25
5
-
3,722 sqft
1539 Pleasant St, Indianapolis, IN
1.88
Apartment
$456,000
06/02/26
3
1.5
1,388 sqft
2356 Columbia Ave, Indianapolis, IN
1.88
Apartment
$40,000
01/15/26
3
2
1,300 sqft
726 Parkway Ave, Indianapolis, IN
1.93
Apartment
$475,000
05/22/26
3
2
1,250 sqft
922 Marion Ave, Indianapolis, IN
2.09
Apartment
$90,000
10/31/25
2
2
1,600 sqft
3730 E Market St, Indianapolis, IN
2.70
Apartment
$285,000
04/28/26
2
1
3,584 sqft
Home facts updated by county records

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Rental Market Trends in Downtown

Last updated Sep 2026
Trulia Rent Estimate$2,613/mo
Average rent
$1.72K
$151MoM
Available listings
129
View rental market trends in Indianapolis, IN

Around this home

View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Downtown
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Downtown

At least 196 Trulia users voted on each feature.

  • 89 % Say it's dog friendly

  • 87 % Say there are sidewalks

  • 83 % Say it's walkable to restaurants

  • 78 % Say streets are well-lit

  • 75 % Say it's walkable to grocery stores

  • 70 % Say parking is easy

  • 66 % Say there's holiday spirit

  • 65 % Say people would walk alone at night

  • 64 % Say car is needed

  • 48 % Say yards are well-kept

  • 46 % Say neighbors are friendly

  • 44 % Say they plan to stay for at least 5 years

  • 34 % Say there are community events

  • 34 % Say it's quiet

  • 33 % Say kids play outside

  • 24 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Wdjx6xjvkg
    "Dog parks with shaded area"
    0
    Flag
  • Trulia User
    "They would like that it’s close to central downtown but wouldn’t like the neighborhood and that there’s not enough living space for dogs and their owners "
    8
    Flag
  • Trulia User
    "Great place to live. Fantastic atmosphere. Pleasant neighborhoods with lively character. I fully recommend living here."
    1
    Flag
  • Trulia User
    "I love this neighborhood! Lots of shops, restaurants and things to do. Neighbors are very friendly and it is a very safe place. "
    1
    Flag
  • Trulia User
    "everyone tries to look out for each other and the area is a really great area for schools and hang outs"
    1
    Flag
  • Trulia User
    "Dog owners would like to walk their dogs on the canal. Dog owners are really great here. Its better to have a dog here"
    0
    Flag
  • Amanda
    "No dog parks. Most dogs in the green spaces are without a leash. Problematic for children and smaller dogs. "
    20
    Flag
  • Leslie-ann J.
    "The Red Line is front of my building and there are other bus lines that are nearby. Commuting is not an issue for the area of downtown that I live in."
    10
    Flag
  • Katrina K.
    "It is a great neighborhood with a beautiful cultural trail. Close grocery stores and great spaces to hangout "
    7
    Flag
  • Nicci T.
    "This neighborhood is unique because Its convenient. And it’s right in the middle of everything . It’s a nice place to live "
    10
    Flag
  • Theschraws
    "This is a dog friendly city however at the Lux dogs are not allowed . The axis has a dog friendly atmosphere and it’s own dog park! "
    8
    Flag
  • Katherineonigiri
    "Great walking and biking to downtown jobs. On cultural trail with bike share available. Easy highway access. "
    5
    Flag
  • Michelle S.
    "they're going to get sandwiches in our neighborhood in the area has great parks and great people I love the downtown area"
    8
    Flag
  • Kathleen B.
    "love this neighborhood. been here almost two years. friendly enough. folks walking their dogs. not great regarding parking tho."
    6
    Flag
  • E0
    "Very few families live in my neighborhood . It’s great for single people and pet owners and the walk ability is great "
    3
    Flag
  • Kathleen B.
    "I've lived here for 1 1/2yrs. its a decent neighborhood. kinda congested as far as parking. living next to the firehouse isn't too bad either. not as bad as I thought."
    6
    Flag
  • Joelly J.
    "My community is unique because the apartment buildings are built well, people are friendly, our neighborhood is very well lit, our community amenities are 24/7 including the pool and hot tub. "
    3
    Flag
  • Kiarahparker84
    "Living downtown is fun, exciting, and there is ALWAYS something to do‼ There are countless restaurants to dine in or carry out. The Canal is great and beautiful at night. The Circle Center Mall is a great place to shop. I was born and raised in Indianapolis, so I've lived pretty much all over Indy. Downtown has kept me longer than any other side of town. I LOVE MY HOMETOWN 😊 I'M A CITY GIRL‼‼🏢🏦🏨⛪🏛🏙🌃"
    3
    Flag
  • Kathleenlbluestein
    "great area for fireworks🎆 see lots of folks with their pets walking, jogging thru town. great bus services, on great schedule. easy commute."
    2
    Flag
  • Kathleen B.
    "nice neighborhood. not a lot of noise not even in the spring and summer months not crime free but not a terribly scary place to live. "
    1
    Flag
  • Kathleen B.
    "basically stay. safe. you never know what's going on. this neighborhood is fairly safe. its pretty cool."
    0
    Flag
  • Dawn M. W.
    "there is so much to do within walking distance eating shopping exploring ect and it's right on the bus line and close to the highway it's no more than a 20 minute commute no matter where you are headed "
    3
    Flag
  • Merriam A.
    "Art Squared. Fountain square music festival. First Friday art shows. Real Talk. Chreece. Pioneer Dj nights. "
    0
    Flag
  • Jamie C.
    "Love living downtown however need more conveniences, parking is at a premium and having guests in almost impossible."
    3
    Flag
  • Mas3cf
    "Amazing location, lots of cool historic homes. Convenient to lots of great restaurants, major centers of employment, and interstates."
    3
    Flag

LGBTQ Local Legal Protections

Price and Tax history

DateEventPrice
Mar 2, 2026
Source: Zillow Rentals
ListingRemoved
$2,485
Sep 17, 2025
Source: Zillow Rentals
Listed For Rent
$2,485
Oct 26, 2023
Source: Zillow Rentals
ListingRemoved
Jun 28, 2023
Source: Zillow Rentals
Listed For Rent
$2,210
Jun 21, 2022
Source: Zillow Rental Network Premium_1
ListingRemoved

Frequently asked questions about 650 N Alabama St #30102

  • Is Indianapolis a buyer's or seller's market?
    Indianapolis is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Indianapolis?
    The median sale price in Indianapolis is $392K. That is up $4.67K from the prior month.
  • What do residents say about the Downtown neighborhood?
    Residents describe the Downtown neighborhood in Indianapolis, IN as dog-friendly, pedestrian-friendly, and walkable to restaurants. See recently sold homes in Downtown, Indianapolis.
  • What are the closest schools to 650 N Alabama St #30102?
    The closest schools to 650 N Alabama St #30102 in Indianapolis, IN are Anna Brochhausen School 88 (Pre-K/Elementary, rated 3/10), Arlington Community Middle School (rated 2/10), Arlington Woods School 99 (Pre-K/Elementary, rated 4/10).
  • Does 650 N Alabama St #30102 have a pool?
    Yes, 650 N Alabama St #30102 in Indianapolis, IN has a pool.
  • Does 650 N Alabama St #30102 have laundry facilities?
    Yes, 650 N Alabama St #30102 in Indianapolis, IN has in-unit laundry.

Homes for rent near 650 N Alabama St #30102

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Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.
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