Street view of 6345 Colonnade Ct
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$1,650/mo
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6345 Colonnade Ct

Indianapolis IN 46237 · Single Family · built 1998
3 bd2 ba1,248 sqft
-8% Fair rent
Asking $1,650/mo · typical for 46237, 3 bd: $1,795/mo · HUD fair-market (market-adjusted) $1,837
How we check rent

Typical = the median of rentals asking right now with the same bedroom count in the same ZIP (our monthly comps). When there are too few comps we use HUD's FY2027 Small Area Fair Market Rent scaled by 0.82, the ratio Indianapolis landlords actually ask versus HUD. Orientation only, not a guarantee of any rent.

Is the rent fair?

The numbers (estimates, illustrative)

$1,650/moAsking rent
$1,795Typical asking · 46237 · 3 bd
-8%Fair rent
$1,837HUD fair-market rent · adjusted
$1.32Rent per sq ft / mo
33Days listed

The rent

Asking rent
$1,650/mo
Typical asking rent
$1,795/mo median of current listings, same ZIP + bedrooms
Difference
-8% Fair rent
HUD fair-market rent
$2,240/mo FY2027 Small Area FMR · adjusted $1,837
Rent per sq ft
$1.32/mo
Security deposit (typical)
$1,650 one month is the Indiana norm; ask the landlord

The property

Beds / baths
3 / 2
Living area
1,248 sq ft
Lot
7,405 sq ft
Year built
1998
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
Yes — registered with the city

The listing

Source
Standard
MLS #
22125705
Listed
Sep 14, 2026
Days on market
33
Listing agent
Daniel Mullin · REALTY WORLD-Harbert Company
3179022519 · dtmullin8@gmail.com
Price history
No changes recorded
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Questions about this rental, the neighborhood, or what a fair rent is?

We own and manage rentals in Indianapolis ourselves. This listing is not ours, but ask anything and our team replies within one business day. Free.

All figures are illustrative estimates from the list price, public records, rent comps / HUD fair-market rent and assumed financing (75% LTV, ~7.5%, 30 yr, as of 2026-09-12). Not verified, not an offer, not investment advice. Triad Global, LLC is a real-estate investor, not a licensed brokerage. Listing data from public sources; verify everything before you bid. Equal Housing Opportunity.

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