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Updated 2 hours ago

Spacious 5-bedroom Home In Franklin Township – Modern...


7941 Nicoson Ln Indianapolis, IN

5 Bed
•
3 Bath

2,850 Sq. Ft.

Available starting Dec. 15th
Floor plans
5 Beds • 3 Bath
$2,900
2850 ft2
1 Available
Managed By: Red Door Property Management
-
$2,900
Available Dec 15th, 2025
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Spacious 5-bedroom Home In Franklin Township – Modern Living In A Prime Location
Spacious 5-bedroom Home In Franklin Township – Modern Living In A Prime Location
Spacious 5-bedroom Home In Franklin Township – Modern Living In A Prime Location
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Property details
Description

Welcome to 7941 Nicoson Ln, a beautifully updated 5-bedroom, 3.5-bath home offering 2,850 sq ft of comfortable, functional living space in the desirable Franklin Township area of Indianapolis.
This home features a generous layout perfect for families, work-from-home setups, and those who love extra space. The kitchen comes fully equipped with Refrigerator, Range, Dishwasher, Garbage Disposal, and Water Softener, plus a Washer and Dryer for added convenience.
Located near popular area amenities such as Franklin Central High School, Southeastway Park, Thompson Road & Emerson Avenue shopping and dining, this home offers both comfort and convenience.
Please note- In addition to the monthly rent, a Resident Benefits Package fee of $40/ month will be applied. This includes your renter’s insurance, liability insurance, HVAC filter delivery, and much more. Click here for more details: https://www.reddoorrents.com/residents-benefits-package.

Additional Details
Total Unit Count: 1
Last Updated: Updated 2 hours ago
Contact Number: (317) 660-1626
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Spacious 5-bedroom Home In Franklin Township – Modern Living In A Prime Location by bedroom type below.
5 Bedroom
Suggested income:
$104,400
per year
Rent report

Spacious 5-bedroom Home In Franklin Township – Modern Living In A Prime Location Rent vs. Indianapolis Average

 Spacious 5-bedroom Home In Franklin Township – Modern Living In A Prime Location      Indianapolis Average
5BR
$2,900
$3,243
$0
$1,100
$2,200
$3,300
$4,400

Spacious 5-bedroom Home In Franklin Township – Modern Living In A Prime Location is asking 11% less than the average 5 bedroom apartment in Indianapolis.

If you downsized to an average priced Indianapolis 4 bedroom apartment, you would pay 97% less per month.

Spacious 5-bedroom Home In Franklin Township – Modern Living In A Prime Location provides 26% more square footage than the average Indianapolis 5 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Spacious 5-bedroom Home In Franklin Township – Modern Living In A Prime Location
Indianapolis Average
Studio $1,047 $2.10 $3,142
1BR $1,136 $1.60 $3,409
2BR $1,394 $1.40 $4,181
3BR $1,608 $1.10 $4,823
4BR $1,646 $1.00 $4,938

Availability in Indianapolis

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 1,336 2BR units on the market in Indianapolis. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
6% 38% 40% 13% 3%
Available Units in Indianapolis
Studio 205
1BR 1,286
2BR 1,336
3BR 428
4BR 98
Location
Nearby Colleges

University of Indianapolis

American College Of Education

Nearby Hospitals
Name Distance
Franciscan St Francis Health Indianapolis 3.36 mi.
Community Health Network Rehabilitation South 4.07 mi.
Valle Vista Health System 5.19 mi.
Nearby Fire Stations
Name Distance
Town Of Southbridge Fire Department 5.46 mi.
Sugar Creek Township Fire Department 7.98 mi.
New Whiteland Fire Department 9.03 mi.
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in on December 15, 2025.
What's the square footage of the available units?
It's 2,850 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are 5 bedroom units available.
How many bathrooms are in the available units?
There are 3 bathroom units available.
What's the monthly rent at this property?
Spacious 5-bedroom Home In Franklin Township – Modern Living In A Prime Location has a 5 bedroom unit starting at $2,900.
Where is this property located?
This property is at 7941 Nicoson Ln in Indianapolis, IN. It's 9.5 miles southeast from the center of Indianapolis.
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