Property Management
in Indianapolis, IN

Top 26 Property Management Companies

Companies who earn the iPropertyManagement seal of approval have demonstrated a high standard of excellence for both owners and tenants in the field of property management.

Indiana

License #: ?

Renaissance Property Management

#1 best rated of 26 Indianapolis, IN property management companies

Based on 1 Review Show all

No Reviews Found

317- 879-5222
8633 East 46th Street Indianapolis, IN 46226
Areas Served Indianapolis
? BBB: N/A
Since ?
Residential
Commercial
Hoa
  • Vacant properties will be advertised on the management team’s home web page at all times until a tenant is placed.
  • There is a full-time, in-house maintenance staff to ensure that all property needs are addressed in a timely fashion.
  • Tenants will be screened via background, employment and credit checks.
  • Each property will be evaluated in person so that a property management plan is developed to fit the needs of the property.

License #: ?

Reid Properties LLC

#2 best rated of 26 Indianapolis, IN property management companies

Based on 5+ Reviews Show all

No Reviews Found

317-241-3955
6352 Airway Dr, Indianapolis, IN 46241
Areas Served Indianapolis
? BBB: N/A
Since ?
Residential
Commercial
Hoa
  • The property owner will be involved in each step of the market analysis and property evaluation so that all parties understand what the best rental rate will be and if there need to be any improvements done to the property.
  • Properties will be advertised through the industry channels including MIBOR, Realtor, Zillow, etc. as well as all the proven methods of in-market ads, web and on-site signage.
  • Using a combination of specialized companies, credit checks, employment and accommodation history information will be collected and vetted as part of the tenant screening process.
  • There is a staffed maintenance team to handle all property needs. If the owner prefers, the property management company will also obtain bids from outside companies and coordinate the work.
  • Each property will be inspected at least one time during a 12-month lease agreement in addition to the move-in and move-out inspections.
  • The property owner will receive monthly accounting statements that detail the income and expenses for each property being managed.
  • If the property is furnished, then the inventory will be managed by the property manager.

License #: ?

Indiana Property Management Group LLC

#3 best rated of 26 Indianapolis, IN property management companies

Based on 5+ Reviews Show all

No Reviews Found

317-759-1086
4929 E 96th St, Indianapolis, IN 46240
Areas Served Indianapolis, Carmel, IN
? BBB: N/A
Since ?
Residential
Commercial
Hoa
  • Vacant properties will be advertised on the home web page until a qualified tenant is placed.
  • Properties will receive an initial evaluation to determine fair market value.
  • Properties will be shown in-person and by appointment.
  • Prospective tenant screening will include acquiring a credit report, reference checks and residence history verification as well as employment verification, criminal background checks.
  • Drafting of leases and tenant lease negotiation will be managed on behalf of the property manager.
  • Tenants must be present during the move-in walk-through prior to occupancy.
  • All rents and deposits will be collected by the property manager.
  • Maintenance call management will never be marked up to the property owner.
  • Owners will receive monthly statements with copies of all invoices paid.
  • All rental proceeds will be distributed to the property owner via an automatic deposit.
  • Property owners will receive a year-end statement for each property as well as necessary tax documentation.

License #: ?

Polaris Property Management, LLC

#4 best rated of 26 Indianapolis, IN property management companies

Based on 5+ Reviews Show all

No Reviews Found

317-870-3249
3600 Woodview Trace #150, Indianapolis, IN 46268
Areas Served Indianapolis
1-10 employees BBB: N/A
Since 2014
Residential
Commercial
Hoa
  • All maintenance and repairs will be coordinated and overseen by the property management team.
  • Property owners will receive detailed monthly reports along with their rental proceed disbursement come the middle of each month.
  • Each vacant property will be advertised on the management team’s home website until a tenant is placed as well as popular sites like Zillow, Trulia and HotPads.
  • A comparable market analysis is completed for each property in order to determine a competitive rental price.
  • The management fee will be 10% of the gross monthly rent collected each month. The fee will automatically be deducted from the monthly rent collected prior to the disbursement of rental proceeds to the property owner, and it will appear on the monthly statement.
  • Move-in and move-out inspections are conducted for each property with digital photos. The property owner will receive a PDF version of each report. In addition, mid-lease audits are conducted every quarter to ensure the tenant is keeping up the property.
  • Owners that have never used management services before will be charged a one-time onboarding fee of $275.
  • The tenant placement fee will be equal to one month’s rent. If the rent is under $1,200, then the fee will be a minimum of $1,200.
  • All maintenance and repair requests are tracked through an online workflow software used by the in-house maintenance staff.

License #: ?

BHB Investments, LLC

#5 best rated of 26 Indianapolis, IN property management companies

Based on 5+ Reviews Show all

No Reviews Found

317-916-0645
971 Haugh St, Indianapolis, IN 46222
Areas Served Indianapolis
? BBB: A+
Since 2005
Residential
Commercial
Hoa
  • Tenants are screened via credit and criminal background checks as well as employment and income verification. They must have been with the same employer for at least one year or a cosigner will be required.
  • Services will include rent collections, management of evictions as well as coordinate and oversee all maintenance and repairs.
  • The property management fees will be equal to 10% of the gross monthly rent.
  • The leasing fee to place a new tenant will be equal to ¾ of the first full month’s rent.

License #: ?

The Peterson Company

#6 best rated of 26 Indianapolis, IN property management companies

Based on 5+ Reviews Show all

No Reviews Found

317-805-1200
7132 Zionsville Rd, Indianapolis, IN 46268
Areas Served Indianapolis
? BBB: N/A
Since 2013
Residential
Commercial
Hoa
  • Services available will include new construction management, tenant improvement projects on existing properties and a one-stop-shop for all commercial maintenance.

License #: ?

T&H Realty Services

#7 best rated of 26 Indianapolis, IN property management companies

Based on 5+ Reviews Show all

Based on 24 Reviews Show all

317-255-7767
760 E. 52nd St. Indianapolis, IN, 46205
Areas Served Indianapolis
? BBB:
Since 2007
Residential
Commercial
Hoa
  • Property owners can choose between leasing only services, a silver property management plan, a gold property management plan or a platinum property management plan.
  • The leasing only plan has a fee equal to one month’s rent, and it encompasses finding a suitable tenant and passing off the daily property management to the property owner.
  • The silver property management plan includes leasing services plus annual property checks, 24/7 maintenance, monthly owner statements, year-end tax statements and a tenant placement guarantee.
  • The monthly property management fee will be equal to 10% of the gross monthly rent collected.
  • The gold plan will include all the services that the silver plan does as well as either an eviction protection plan or a semi-annual property check plan.
  • The gold plan will have a monthly management fee equal to 11% of the gross monthly rent collected.
  • The platinum property management plan will include all of the services on the silver plan plus both eviction protection plan and the semi-annual property check plan.
  • The platinum property management plan will have a monthly fee equal to 12% of the gross monthly rent collected.
  • On any property management plan, the leasing fee of placing a tenant will be capped at $1,500 even if the monthly rent is more.

License #: ?

Hokanson Companies, Inc.

#8 best rated of 26 Indianapolis, IN property management companies

Based on 4 Reviews Show all

No Reviews Found

317-633-6300
10201 N Illinois St #400, Indianapolis, IN 46290
Areas Served Indianapolis
? BBB: N/A
Since 2005
Residential
Commercial
Hoa
  • Services will include preventative maintenance programs and tenant replacement programs.
  • There is in-house maintenance and engineering teams to manage all maintenance and repair requests as well as any renovation or new development.
  • An in-house brokerage team is present should an investor decide to add to or size down their investment portfolio.
  • Facilities management, security, insurance and risk management, as well as property tax and appeals management, are also included in the property management services.
  • Vendor procurement and management, as well as association management and interaction, will be managed on behalf of the property owner.
  • Property owners will receive customized monthly and annual reporting that generally will include all maintenance updates, repair requests, budgeting analysis and insurance needs or updates.

License #: RC51000846

Red Door Property Management

#9 best rated of 26 Indianapolis, IN property management companies

Based on 5+ Reviews Show all

No Reviews Found

317-660-1626
3815 River Crossing Pkwy #100, Indianapolis, IN 46240
Areas Served Indianapolis
? BBB: N/A
Since 2011
Residential
Commercial
Hoa
  • Tenant move-in and move-out inspections will be completed with video footage that is mailed to the property owner.
  • Property owners will receive automatic electronic deposits each month for the rental proceeds.
  • Owners will also have 24/7 access to a secure online portal where they can view all property details.
  • Vacant properties will be advertised via local and national rental websites as well as various print media.
  • Each prospective tenant will be screened via a credit check, criminal background check, eviction record check, verification of income and employment as well as prior rental history. Tenants must also complete a one-on-one interview prior to being eligible.
  • Leases will be drafted by an attorney.
  • All repairs and maintenance will be coordinated with trusted contractors and overseen by the property management team.

License #: ?

Gene B Glick Company

#10 best rated of 26 Indianapolis, IN property management companies

Based on 5+ Reviews Show all

No Reviews Found

317-469-0400
8801 River Crossing Blvd #200, Indianapolis, IN 46240
Areas Served Indianapolis
501-1000 employees BBB: N/A
Since 1947
Residential
Commercial
Hoa
  • Each community that is managed will be advertised on the home web page for traffic regardless of if there are vacancies or not.

License #: ?

Meridian Management Corporation

#11 best rated of 26 Indianapolis, IN property management companies

Based on 5+ Reviews Show all

No Reviews Found

317-262-4989
101 Harding St B, Indianapolis, IN 46222
Areas Served Indianapolis
? BBB: N/A
Since 2005
Residential
Commercial
Hoa
  • In addition to property management services, the management team can also provide assistance in the redevelopment process of older properties.
  • All association dues can be paid online through a secure online portal.
  • Services will include collecting rents, seeking new tenants, maintaining existing tenants, preparing budgets and maintaining facilities.
  • The property management team will be happy to work with lease brokers should the property owner wish to keep leasing services and management services separate.

License #: ?

Van Rooy Properties

#12 best rated of 26 Indianapolis, IN property management companies

Based on 5+ Reviews Show all

Based on 5 Reviews Show all

317-684-7300
1030 N College Ave, Indianapolis, IN 46202
Areas Served Indianapolis
201-500 employees BBB: A+
Since 1977
Residential
Commercial
Hoa
  • Services will include full property management services as well as the ability for property owners to utilize development and restoration services.
  • All vacant properties will be advertised on the home web page of the management company.
  • Tenants will have a secure online portal from which rent can be paid and repair or maintenance requests can be made.

License #: ?

Discover Properties, LLC

#13 best rated of 26 Indianapolis, IN property management companies

Based on 5+ Reviews Show all

No Reviews Found

317-259-1500
6305 Rucker Rd, Indianapolis, IN 46220
Areas Served Indianapolis
? BBB: N/A
Since 2012
Residential
Commercial
Hoa
  • Each vacant property will be advertised on the management team’s home web page, national rental platforms and through print media 24/7 until a qualified tenant executes a lease agreement.
  • Each property will be rekeyed between tenants and all utility transfer will be handled by the property manager.
  • If an eviction becomes necessary, then they will be coordinated with an attorney, the sheriff, movers and a locksmith.
  • Property owners can also utilize buying and selling brokerage services to increase or decrease their investment portfolios.

License #: ?

Kirkpatrick Management Company

#14 best rated of 26 Indianapolis, IN property management companies

Based on 5+ Reviews Show all

Based on 17 Reviews Show all

317-570-4358
5702 Kirkpatrick Way, Indianapolis, IN 46220
Areas Served Indianapolis, Greenwood, IN, Lexington, KY,Clinton Township, MI
? BBB: A+
Since 1973
Residential
Commercial
Hoa
  • Services will include marketing properties, Section 8 and LIHTC compliance, membership sales, refinance assistance, occupancy management, fiscal budgeting, financial planning, maintenance, administration, strategic planning and REAC inspections.

License #: ?

Zidan Management Group, Inc

#15 best rated of 26 Indianapolis, IN property management companies

Based on 5+ Reviews Show all

No Reviews Found

317-596-2150
8310 Craig St, Indianapolis, IN 46250
Areas Served Indianapolis
201-500 employees BBB: N/A
Since 2009
Residential
Commercial
Hoa
  • Aside from day-to-day property management, services are also available for acquisition and development.
  • Vacant properties will be advertised on the property manager’s home web page until a suitable tenant signs a lease agreement.

License #: RC51200055

Sheehan Property Management, Inc.

#16 best rated of 26 Indianapolis, IN property management companies

Based on 5+ Reviews Show all

No Reviews Found

317-579-9270
6930 Atrium Boardwalk S, Indianapolis, IN 46250
Areas Served Indianapolis
? BBB: N/A
Since 2012
Residential
Commercial
Hoa
  • Communities with vacant units will be advertised on the management team’s home web page until a suitable tenant has been screened, accepted and a lease has been signed.

License #: ?

TBH Management

#17 best rated of 26 Indianapolis, IN property management companies

Based on 5+ Reviews Show all

No Reviews Found

317-542-1141
6028 N Keystone Ave, Indianapolis, IN 46220
Areas Served Indianapolis
? BBB: A
Since 2003
Residential
Commercial
Hoa
  • An after-hours emergency answering service will be available 24/7 should an urgent matter arise regarding the property.
  • There is an in-house maintenance staff available at all hours to manage urgent maintenance and repairs.
  • If an urgent issue requires property management personnel, the answering service will contact someone no matter what time of day.
  • Weekly or monthly drive-bys or common area walk-throughs can be arranged by a senior management member.
  • The management fee will be fixed for a three year period.
  • Property owners will receive monthly statements that include cash flow details, budget analysis and accounts payable details.

License #: ?

OMNI Management Services

#18 best rated of 26 Indianapolis, IN property management companies

No Reviews Found Show all

Based on 3 Reviews Show all

317-541-0000
212 W 10th St b300, Indianapolis, IN 46202
Areas Served Indianapolis
11-50 employees BBB: N/A
Since 2002
Residential
Commercial
Hoa
  • Services will include preparation of budgets, billing and collection of annual assessments, property bill pay and presentation of property update reports to the board.
  • A 24-hour emergency response service will be provided to ensure that all each property gets repairs done quickly without further damage to the property.
  • All delinquent homeowner fees will be pursued vigorously by the property management team.
  • Vendors and contractors will be screened and relationships will be managed on behalf of the property owner.
  • Prior to the start of non-urgent repairs, several bids will be obtained to get the best price and all work will be overseen by the property management team.
  • Enforcement of covenants and restrictions as well as addressing homeowner and neighborhood concerns will also be managed by the management team.

License #: RC51100051

Barratt Asset Management

#19 best rated of 26 Indianapolis, IN property management companies

Based on 5+ Reviews Show all

Based on 11 Reviews Show all

317-550-0214
602 N Capitol Ave #210, Indianapolis, IN 46204
Areas Served Indianapolis
11-50 employees BBB: N/A
Since 2010
Residential
Commercial
Hoa
  • For owners seeking to add to their portfolio, the property management company will aid in sourcing capital on a direct basis to identify and vet value-creation opportunities.
  • Services include risk review, competition analysis, rent roll analysis, physical inspections, vendor contract management, financial review, unit walk-throughs and utility management.
  • Each property will have a unique marketing strategy, set up transition, maintenance program, resident selection process, rent collection procedure, staff management and brand management.
  • Development and renovation management services such as project management, capital improvement analysis, interior remodeling and exterior redevelopment are more services that property owners can utilize.

License #: ?

Barron Property Services

#20 best rated of 26 Indianapolis, IN property management companies

Based on 5+ Reviews Show all

Based on 3 Reviews Show all

317-357-4639
3718 E Michigan St, Indianapolis, IN 46201
Areas Served Indianapolis
11-50 employees BBB: N/A
Since 2007
Residential
Commercial
Hoa
  • All available properties will be advertised on the management team’s home web page until a tenant is found and a lease is executed.
  • Owners and investors can utilize complete ongoing property management services or simple one-time services such as construction and renovation management.

License #: ?

Kline Properties

#21 best rated of 26 Indianapolis, IN property management companies

Based on 5+ Reviews Show all

Based on 5 Reviews Show all

317-644-1400
1910 E Washington St b, Indianapolis, IN 46201
Areas Served Indianapolis
? BBB: A+
Since 2002
Residential
Commercial
Hoa
  • Property management services will include preparing vacant units for a new tenancy, screening prospective tenants, collecting rents and lease execution.
  • The property owner will receive monthly and annual reports for each property that will include accounts of rents paid, other property income and all expenses.
  • Rental rates will be advised based on the annual market analysis to ensure each property is priced competitively.
  • Property owners can access all property details at any time on their secure online portal.
  • If a tenant becomes delinquent and is unwilling to work towards good-standing, then eviction proceedings will be pursued and managed by the property management team.
  • Monthly management fees will be 10% of the monthly rent for properties above $600 per month. If the property’s rent is under $600 per month, then the management fee will be 12% of the monthly rent.
  • The tenant placement fee will be $500, the fee to process an eviction will be $25 and the fee to attend court for any reason will be $75 per hour.
  • To evict a tenant, the cost for attorney’s fees will be $150 and court costs will be $85.
  • There will be a maintenance service trip charge of $55-$65 depending on the county and the property owner will be responsible for all maintenance costs.

License #: ?

Barrington Management Company, Inc.

#22 best rated of 26 Indianapolis, IN property management companies

Based on 5+ Reviews Show all

No Reviews Found

317-581-0300
10401 N Meridian St #210, Indianapolis, IN 46290
Areas Served Indianapolis,Louisville,KY
11-50 employees BBB: N/A
Since 1988
Residential
Commercial
Hoa
  • In addition to full-service property management, owners can also utilize redevelopment services, repositioning services, turnaround management, takeover management, bankruptcy management, acquisition assistance and brokerage services.
  • Property management services will include full-service accounting, day-to-day operations management, and marketing of each property that is available.

License #: ?

Sexton Companies

#23 best rated of 26 Indianapolis, IN property management companies

Based on 5+ Reviews Show all

No Reviews Found

317-846-4444
9001 N Meridian St, Indianapolis, IN 46260
Areas Served Indianapolis, Lafayette, IN,Mishawaka, IN,Centerville, OH,Columbus, OH
? BBB: N/A
Since 1962
Residential
Commercial
Hoa
  • All available properties will be advertised on the management team’s home web page at all times until a tenant signs a lease.
  • Property management services are available for both short-term and long-term rentals.
  • Residents will have a secure online portal from which relevant property details can be viewed and payments can be made.

License #: ?

Home River Group Indianapolis Property Management

#24 best rated of 26 Indianapolis, IN property management companies

Based on 5+ Reviews Show all

Based on 3 Reviews Show all

317-759-0332
9100 Keystone Crossing STE 610, Indianapolis, IN 46240
Areas Served Indianapolis
11-50 employees BBB: N/A
Since 2013
Residential
Commercial
Hoa
  • Property owners and tenants will have secure and separate online portals to view relevant property details and make payments.
  • Property management fee quotes can be obtained by filling out the form on the management team’s web page.
  • Properties will be marketed online locally as well as through national rental platforms and traditional print media.
  • Maintenance will be managed by the property management team, this will include any after-hours emergency repairs that may arise.
  • Other management services will include tenant screening, rent collection, financial reporting and eviction protection.

License #: ?

Alpine Property Management

#25 best rated of 26 Indianapolis, IN property management companies

Based on 5+ Reviews Show all

Based on 19 Reviews Show all

317-924-0810
1848 N Alabama St, Indianapolis, IN 46202
Areas Served Indianapolis
? BBB: A+
Since 2005
Residential
Commercial
Hoa
  • Services will include tenant screening, maintenance request management, Federal HUD Section 8 compliance management, 24-hour maintenance and repair management as well as project management for property upgrades.
  • Property owners will have a secured online portal from which all daily financial details can be viewed at any time.
  • Tenants will have a separate portal from which only relevant property details can be viewed, payments can be made and repair work orders can be started.
  • If property owners would like to acquire more investment properties, then they can also utilize brokerage services.

License #: ?

The Bryant Company

#26 best rated of 26 Indianapolis, IN property management companies

No Reviews Found Show all

Based on 4 Reviews Show all

317- 253-7500
14074 Trade Center Drive, Suite 128 Fishers, IN 46038
Areas Served Indianapolis
? BBB: N/A
Since 1968
Residential
Commercial
Hoa
  • There will be a leasing fee charged to place a new tenant and is a set amount upfront.
  • Property management fees will be based on a sliding scale as a percentage of the monthly gross rent collected and will vary based on the property’s needs.
  • Management services will include maintenance, monthly owner statements, property bill pay, two to three inspections of the property per year, screening prospective tenants, rent collection and eviction proceedings management.
  • Prospective tenants must submit an application and agree to have their credit checked, criminal background checks, past rental history verified, bank accounts varified as well as employment and ongoing income varified.

Indianapolis vs Nearby Cities

Real estate prices are rising dramatically throughout Indiana, but you can still find plenty of affordable homes for sale in Indianapolis and neighboring cities like Crawfordsville. The median price per square foot is below $100 in both cities, and median listing prices tend to stay well below $150,000.

These prices are much lower than those found in smaller towns like Greenwood and Carmel. Both of these cities are within 10 miles of Indianapolis and boast median listing prices well above $200,000. In Carmel, the median listing price is above $400,000, and buyers often pay more than $200 per square foot.

Indianapolis Property Managers

Select a property manager whom you can trust to protect your real estate investment. This may include paying utility bills, hiring contractors for repair work and ensuring that tenants follow the rules established for your property. A good manager will reduce the amount of stress that you feel as an owner, and they may elevate your property to provide a better living environment for your tenants.

Indianapolis Property Management Company Fees

Expect your property management team to charge you a percentage of the rent collected from your tenants. They may also ask for a vacancy fee, and you can expect to provide additional funds for repair and maintenance expenses. Most managers also charge more for advertising and other services beyond basic managerial duties.

Indiana Landlord/Tenant Laws

  • Landlords must provide “reasonable” notice before entering rental property occupied by a tenant.
  • Indiana landlords cannot refuse to rent to a victim of domestic violence and cannot evict such victims. Tenants must provide proof that they are victims of domestic violence to qualify for these extra protections.