
                                       UNITED STATES
                           SECURITIES AND EXCHANGE COMMISSION
                                 Washington, D.C.  20549


                                        FORM 8-K


                     Current Report Pursuant To Section 13 or 15(d) of
                            the Securities Exchange Act of 1934

           Date of Report (Date of earliest event reported):  October 25, 2005
                          (Date of earliest event reported)

             Indymac ABS, Inc. (as Depositor under the Pooling and Servicing
           Agreement, dated as September 1, 2005, providing for the issuance
              of IndyMac Residential Mortgage-Backed Trust, Series 2005-L2
                 Residential Mortgage-Backed Certificates, Series 2005-L2)
                    (Exact name of registrant as specified in charter)


                                         DELAWARE
                     (State or Other Jurisdiction of Incorporation)

               333-127917-01                         95-4685267
          (Commission File Number)        (I.R.S. Employer Identification No.)


          155 NORTH LAKE AVENUE
          PASADENA, CALIFORNIA                            91101
          (Address of principal executive offices)     (Zip Code)



          Registrant's Telephone Number, Including Area Code:  (626) 535-5555

       (Former name or former address, if changed since last report.)

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously
    satisfy the filing obligation of the registrant under any of the following
    provisions (see General Instruction A.2. below):

[  ] Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)

[  ] Soliciting material pursuant to Rule 14a-12(b) under the Exchange Act
(17 CFR 240.14a-12(b))

[  ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))

[  ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))


     Item 8.01  Other Events

     Attached hereto is a copy of the Monthly Remittance Statements to the
     Certificateholders which was derived from the monthly information
     submitted by the Master Servicer of the Trust to the Trustee.


     Item 9.01 Financial Statements and Exhibits

     (c) Exhibits:

     Exhibit No. Description

     99.1 Monthly Remittance Statement to the Certificateholders dated as of
     October 25, 2005.

                                    Signatures

               Pursuant to the requirements of the Securities Exchange Act of
          1934, the Registrant has duly caused this report to be signed on its
          behalf by the undersigned, hereunto duly authorized.


                                  Deutsche Bank National Trust Company,
                                  in its capacity as Trustee under the
                                  Pooling and Servicing Agreement on
                                  behalf of Indymac ABS, Inc., Registrant


          Date:  Oct 28, 2005               By:  /s/  Katherine M. Wannenmacher
                                            Katherine M. Wannenmacher
                                            Vice President


                                   EXHIBIT INDEX

          DOCUMENT

          99.1 Monthly Remittance Statement to the Certificateholders
          dated as of October 25, 2005.



IndyMac Residential Mortgage Backed Trust 2005-L2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-L2

October 25, 2005 Distribution

				External Parties						Table of Contents

													Page
				Seller									Page
				Seller						1. Certificate Payment Report					2
				IndyMac Bank						1. Certificate Payment Report					2
				IndyMac Bank						2. Collection Account Report					4
										2. Collection Account Report					4
										3. Credit Enhancement Report					6
										4. Collateral Report					7
				Certificate Insurer(s)						5. Delinquency Report					10
				Certificate Insurer(s)						5. Delinquency Report					10
										6. REO Report					11

										7. Foreclosure Report					12
										8. Prepayment Report					13
										9. Prepayment Detail Report					16
										9. Prepayment Detail Report					16
										10. Realized Loss Report					17
										11. Realized Loss Detail Report					20
				Servicer(s)						11. Realized Loss Detail Report					20
				Servicer(s)						12. Triggers and Adj. Cert. Report					21
				IndyMac Bank						12. Triggers and Adj. Cert. Report					21
				IndyMac Bank						13. Other Related Information					22
										13. Other Related Information					22


				Underwriter(s)
				Bear Stearns & Co.


										Total Number of Pages					22
										Total Number of Pages

				Dates						Contacts

				Cut-Off Date:			September 01, 2005			Brent Hoyler
				Close Date:			September 06, 2005			Administrator
				First Distribution Date:			October 25, 2005			(714) 247-6322
										Brent.Hoyler@db.com
										Brent.Hoyler@db.com
										Address:
										1761 East St. Andrew Place, Santa Ana, CA 92705
				Distribution Date:			October 25, 2005
										Factor Information:			(800) 735-7777
				Record Date:			September 30, 2005			Factor Information:			(800) 735-7777
										Main Phone Number:			(714) 247-6000

							October 24, 2005
							October 24, 2005

										https://www.tss.db.com/invr






Page 1 of 22
IndyMac Residential Mortgage Backed Trust 2005-L2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-L2

October 25, 2005 Distribution
Certificate Payment Report
Current Period Distribution - REMIC3
					Prior												Current
	Class		Original		Principal						Total		Realized		Deferred		Principal
	Class		Original		Principal						Total		Realized		Deferred		Principal
Class	Type	Cur	Face Value		Balance		Interest		Principal		Distribution		Loss		Interest		Balance


					(1)		(2)		(3)		(4)=(2)+(3)		(5)		(6)		(7)=(1)-(3)-(5)+(6)

A-1	INT	$	95,000,000.00		95,000,000.00		416,812.50		2,117,961.66		2,534,774.16		0.00		0.00		92,882,038.34
A-1	INT	$	95,000,000.00		95,000,000.00		416,812.50		2,117,961.66		2,534,774.16		0.00		0.00		92,882,038.34
A-2	INT	$	147,125,000.00		147,125,000.00		640,729.38		3,280,053.77		3,920,783.15		0.00		0.00		143,844,946.23
M	INT	$	3,000,000.00		3,000,000.00		21,872.50		0.00		21,872.50		0.00		0.00		3,000,000.00
B	INT	$	4,875,000.00		4,875,000.00		36,070.94		0.00		36,070.94		0.00		0.00		4,875,000.00
C	INT_EXE	$	0.00		0.00		115,436.01		0.00		115,436.01		0.00		0.00		0.00
R-3	RES_EXE	$	0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00





Total			250,000,000.00		250,000,000.00		1,230,921.33		5,398,015.43		6,628,936.76		0.00		0.00		244,601,984.57
Total




Interest Accrual Detail Current Period Factor Information per $1,000 of Original Face-
									Orig. Principal		Prior							Current
									Orig. Principal		Prior							Current
	Period		Period						(with Notional)		Principal						Total	Principal
	Period		Period
Class	Starting		Ending		Method		Cusip		Balance		Balance		Interest		Principal		Distribution	Balance

									(1)		(1)		(2)		(3)		(4)=(2)+(3)	(5)
A-1	09/16/05		10/24/05		A-Act/360		456606HK1		95,000,000.00		1,000.000000		4.387500		22.294333		26.681833	977.705667
A-2	09/16/05		10/24/05		A-Act/360		456606HL9		147,125,000.00		1,000.000000		4.355000		22.294333		26.649333	977.705667
M	09/16/05		10/24/05		A-Act/360		456606HM7		3,000,000.00		1,000.000000		7.290833		0.000000		7.290833	1,000.000000
B	09/16/05		10/24/05		A-Act/360		456606HN5		4,875,000.00		1,000.000000		7.399167		0.000000		7.399167	1,000.000000
C	09/01/05		09/30/05		A-30/360				0.00		0.000000		0.000000		0.000000		0.000000	0.000000
R-3	09/01/05		09/30/05		A-30/360		456606HQ8		0.00		0.000000		0.000000		0.000000		0.000000	0.000000







Page 2 of 22
IndyMac Residential Mortgage Backed Trust 2005-L2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-L2

October 25, 2005 Distribution

Distribution to Date - REMIC3
																	Current


	Original				Unscheduled		Scheduled		Total		Total		Realized		Deferred		Principal

Class	Face Value		Interest		Principal		Principal		Principal		Distribution		Loss		Interest		Balance
	(1)		(2)		(3)		(4)		(5)=(3)+(4)		(6)=(2)+(5)		(7)		(8)		(9)=(1)-(5)-(7)+(8)
A-1	95,000,000.00		416,812.50		2,029,032.64		88,929.01		2,117,961.66		2,534,774.16		0.00		0.00		92,882,038.34
A-2	147,125,000.00		640,729.38		3,142,330.82		137,722.96		3,280,053.77		3,920,783.15		0.00		0.00		143,844,946.23
M	3,000,000.00		21,872.50		0.00		0.00		0.00		21,872.50		0.00		0.00		3,000,000.00
B	4,875,000.00		36,070.94		0.00		0.00		0.00		36,070.94		0.00		0.00		4,875,000.00
C	0.00		115,436.01		0.00		0.00		0.00		115,436.01		0.00		0.00		0.00
R-3	0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00





Total	250,000,000.00		1,230,921.33		5,171,363.46		226,651.97		5,398,015.43		6,628,936.76		0.00		0.00		244,601,984.57


Interest Detail - REMIC3
	Pass		Prior Principal				Non-		Prior		Unscheduled				Paid or		Current
	Pass		Prior Principal				Non-		Prior		Unscheduled				Paid or

	Through		(with Notional)		Accrued		Supported		Unpaid		Interest		Optimal		Deferred		Unpaid

Class	Rate		Balance		Interest		Interest SF		Interest		Adjustment		Interest		Interest		Interest
					(1)		(2)		(3)		(4)		(5)=(1)-(2)+(3)+(4)		(6)		(7)=(5)-(6)
A-1	4.05000%		95,000,000.00		416,812.50		0.00		0.00		0.00		416,812.50		416,812.50		0.00
A-2	4.02000%		147,125,000.00		640,729.38		0.00		0.00		0.00		640,729.38		640,729.38		0.00
M	6.73000%		3,000,000.00		21,872.50		0.00		0.00		0.00		21,872.50		21,872.50		0.00
B	6.83000%		4,875,000.00		36,070.94		0.00		0.00		0.00		36,070.94		36,070.94		0.00
C	0.00000%		0.00		0.00		0.00		0.00		0.00		0.00		115,436.01		0.00
R-3	0.00000%		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00





Total			250,000,000.00		1,115,485.32		0.00		0.00		0.00		1,115,485.32		1,230,921.33		0.00



Page 3 of 22
IndyMac Residential Mortgage Backed Trust 2005-L2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-L2

October 25, 2005 Distribution
Collection Account Report
SUMMARY
SUMMARY
														Total
Principal Collections														5,351,614.41
Principal Withrawals														0.00
Principal Other Accounts														46,401.02
TOTAL NET PRINCIPAL														5,398,015.43
Interest Collections														1,322,524.01
Interest Withdrawals														-0.00
Interest Other Accounts														4,781.56
Interest Fees														-86,821.12
TOTAL NET INTEREST														1,240,484.45
TOTAL AVAILABLE FUNDS FOR DISTRIBUTION														6,638,499.88



PRINCIPAL - COLLECTIONS
PRINCIPAL - COLLECTIONS
															Total
Scheduled Principal Received															226,651.97
Prepayments In Full															2,444,338.32
Curtailments															206,538.35
Liquidations															0.00
Insurance Principal															0.00
Repurchased Principal Amounts															2,474,085.77
Other Principal															0.00
Total Realized Loss Of Principal															-0.00
Delinquent Principal															-135,481.28
Advanced Principal															135,481.28
TOTAL PRINCIPAL COLLECTED															5,351,614.41


PRINCIPAL - WITHDRAWALS

SPACE INTENTIONALLY LEFT BLANK



PRINCIPAL - OTHER ACCOUNTS
PRINCIPAL - OTHER ACCOUNTS
														Total
TOTAL OTHER ACCOUNTS PRINCIPAL														46,401.02





Page 4 of 22
IndyMac Residential Mortgage Backed Trust 2005-L2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-L2

October 25, 2005 Distribution

INTEREST - COLLECTIONS
INTEREST - COLLECTIONS
														Total
Scheduled Interest														1,340,150.02
Liquidation Interest														0.00
Repurchased Interest														12,661.97
Insurance Interest														0.00
Other Interest														0.00
Relief Act Interest Shortfalls														-0.00
Prepayment Interest Shortfalls														-795.05
Compensating Interest														795.05
Delinquent Interest														-783,572.68
Interest Advanced														753,284.68
TOTAL INTEREST COLLECTED														1,322,524.01


INTEREST - WITHDRAWALS
INTEREST - WITHDRAWALS
														Total
Nonrecoverable Advances														888,765.96
TOTAL INTEREST WITHDRAWALS														0.00



INTEREST - OTHER ACCOUNTS
INTEREST - OTHER ACCOUNTS
														Total
Prepayment Charges														0.00
Swap Contract Payment														4,781.56
TOTAL INTEREST OTHER ACCOUNTS														4,781.56



INTEREST - FEES
INTEREST - FEES
														Total
Current Servicing Fees														21,785.68
Current Trustee Fees														2,082.95
Insurance Premium for Class A Certificates														62,952.50
TOTAL INTEREST OTHER FEES														86,821.12




Page 5 of 22
IndyMac Residential Mortgage Backed Trust 2005-L2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-L2

October 25, 2005 Distribution
Credit Enhancement Report
ACCOUNTS

SPACE INTENTIONALLY LEFT BLANK



INSURANCE
INSURANCE
														Total
Insurance Premium for Class A Certificates														62,952.50



STRUCTURAL FEATURES
STRUCTURAL FEATURES
														Total
Overcollateralized Amount														0.00
Overcollateralization Target Amount														0.00
Overcollateralization Release Amount														0.00
Overcollateralization Deficiency Amount														0.00




Page 6 of 22
IndyMac Residential Mortgage Backed Trust 2005-L2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-L2

October 25, 2005 Distribution
Collateral Report


COLLATERAL



															Total



Loan Count:


Original														1,387
Prior														1,387
Prefunding														0
Scheduled Paid Offs														-0
Full Voluntary Prepayments														-14
Repurchases														-15
Liquidations														-0
Current														1,358
Principal Balance:


Original														249,953,598.98
Prior														249,953,598.98
Prefunding														0.00
Scheduled Principal														-226,651.97
Partial Prepayments														-206,538.35
Full Voluntary Prepayments														-2,444,338.32
Repurchases														-2,474,085.77
Liquidations														-0.00
Current														244,601,984.57





PREFUNDING
PREFUNDING
														Total
Closing Date Deposit Amount														46,401.02






Page 7 of 22
IndyMac Residential Mortgage Backed Trust 2005-L2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-L2

October 25, 2005 Distribution

CHARACTERISTICS
CHARACTERISTICS
														Total
Weighted Average Coupon Original														6.50670%
Weighted Average Coupon Prior														6.50670%
Weighted Average Coupon Current														6.50670%
Weighted Average Months to Maturity Original														357
Weighted Average Months to Maturity Prior														357
Weighted Average Months to Maturity Current														357
Weighted Avg Remaining Amortization Term Original														359
Weighted Avg Remaining Amortization Term Prior														359
Weighted Avg Remaining Amortization Term Current														359
Weighted Average Seasoning Original														2.20
Weighted Average Seasoning Prior														2.20
Weighted Average Seasoning Current														2.20









Page 8 of 22
IndyMac Residential Mortgage Backed Trust 2005-L2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-L2

October 25, 2005 Distribution

ARM CHARACTERISTICS
ARM CHARACTERISTICS
														Total
Weighted Average Margin Original														4.78061%
Weighted Average Margin Prior														4.78061%
Weighted Average Margin Current														4.78061%
Weighted Average Max Rate Original														12.11116%
Weighted Average Max Rate Prior														12.11116%
Weighted Average Max Rate Current														12.11116%
Weighted Average Min Rate Original														6.04341%
Weighted Average Min Rate Prior														6.04341%
Weighted Average Min Rate Current														6.04341%
Weighted Average Cap Up Original														1.00000%
Weighted Average Cap Up Prior														1.00000%
Weighted Average Cap Up Current														1.00000%
Weighted Average Cap Down Original														1.00000%
Weighted Average Cap Down Prior														1.00000%
Weighted Average Cap Down Current														1.00000%




SERVICING FEES & ADVANCES

															Total




Current Servicing Fees														21,785.68
Delinquent Servicing Fees														30,287.99
TOTAL SERVICING FEES														52,073.67


Compensating Interest														-795.05
Delinquent Servicing Fees														-30,287.99
COLLECTED SERVICING FEES														20,990.63


Aggregate Advances with respect to this Distribution														888,765.96





ADDITIONAL COLLATERAL INFORMATION
														Total
Net Prepayment Interest Shortfall														0.00
Libor For Current Period														3.8300%

Libor For Next Period														4.0375%
Total Net Monthly Excess Cashflow														115,436.01




Page 9 of 22
IndyMac Residential Mortgage Backed Trust 2005-L2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-L2

October 25, 2005 Distribution
Delinquency Report

	TOTAL
					< 1 PAYMENT		1 PAYMENT		2 PAYMENTS		3+ PAYMENTS		TOTAL
	DELINQUENT		Balance				0.00		0.00		0.00		0.00
			% Balance				0.00%		0.00%		0.00%		0.00%
			# Loans				0		0		0		0
			% # Loans				0.00%		0.00%		0.00%		0.00%
	FORECLOSURE		Balance		0.00		0.00		0.00		0.00		0.00
			% Balance		0.00%		0.00%		0.00%		0.00%		0.00%
			# Loans		0		0		0		0		0
			% # Loans		0.00%		0.00%		0.00%		0.00%		0.00%
	BANKRUPTCY		Balance		0.00		0.00		0.00		0.00		0.00
			% Balance		0.00%		0.00%		0.00%		0.00%		0.00%
			# Loans		0		0		0		0		0
			% # Loans		0.00%		0.00%		0.00%		0.00%		0.00%
	REO		Balance		0.00		0.00		0.00		0.00		0.00
			% Balance		0.00%		0.00%		0.00%		0.00%		0.00%
			# Loans		0		0		0		0		0
			% # Loans		0.00%		0.00%		0.00%		0.00%		0.00%
	TOTAL		Balance		0.00		0.00		0.00		0.00		0.00
			% Balance		0.00%		0.00%		0.00%		0.00%		0.00%
			# Loans		0		0		0		0		0
			% # Loans		0.00%		0.00%		0.00%		0.00%		0.00%









Page 10 of 22
IndyMac Residential Mortgage Backed Trust 2005-L2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-L2

October 25, 2005 Distribution
REO Report
Loan Number			Original		Stated				Current		State &

														First
&			Principal		Principal		Paid to		Note		LTV at		Original		Payment

Loan Group			Balance		Balance		Date		Rate		Origination		Term		Date




TOTAL


Page 11 of 22
IndyMac Residential Mortgage Backed Trust 2005-L2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-L2

October 25, 2005 Distribution
Foreclosure Report
Loan Number			Original		Stated				Current		State &

														First
&			Principal		Principal		Paid to		Note		LTV at		Original		Payment

Loan Group			Balance		Balance		Date		Rate		Origination		Term		Date




TOTAL


Page 12 of 22
IndyMac Residential Mortgage Backed Trust 2005-L2

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Mortgage Pass-Through Certificates
2005-L2

October 25, 2005 Distribution
Prepayment Report

VOLUNTARY PREPAYMENTS
VOLUNTARY PREPAYMENTS

															Total




Current


Number of Paid in Full Loans														14
Number of Repurchased Loans														15
Total Number of Loans Prepaid in Full														29
Curtailments Amount														206,538.35
Paid in Full Balance														2,444,338.32
Repurchased Loans Balance														2,474,085.77
Total Prepayment Amount														5,124,962.44

Cumulative


Number of Paid in Full Loans														14
Number of Repurchased Loans														15
Total Number of Loans Prepaid in Full														29
Paid in Full Balance														2,444,338.32
Repurchased Loans Balance														2,474,085.77
Curtailments Amount														206,538.35
Total Prepayment Amount														5,124,962.44










Page 13 of 22
IndyMac Residential Mortgage Backed Trust 2005-L2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-L2

October 25, 2005 Distribution

VOLUNTARY PREPAYMENTS RATES
VOLUNTARY PREPAYMENTS RATES

															Total



SMM														2.05%
3 Months Avg SMM														2.05%
12 Months Avg SMM														2.05%
Avg SMM Since Cut-off														2.05%


CPR														22.03%
3 Months Avg CPR														22.03%
12 Months Avg CPR														22.03%
Avg CPR Since Cut-off														22.03%


PSA														5,009.00%
3 Months Avg PSA Approximation														5,009.01%
12 Months Avg PSA Approximation														5,009.01%
Avg PSA Since Cut-off Approximation														5,009.01%










Page 14 of 22
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Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-L2

October 25, 2005 Distribution






PREPAYMENT CALCULATION METHODOLOGY

Single Monthly Mortality (SMM): (Voluntary partial and full prepayments + Repurchases + Liquidations )/(Beg Principal Balance - Sched Principal) Conditional Prepayment Rate (CPR): 1-((1-SMM)^12) PSA Standard Prepayment Model: CPR/(0.002min(30,WAS)) Average SMM over period between nth month and mth month (AvgSMMn,m): [(1-SMMn)(1-SMMn+1)...(1-SMMm)]^(1/months in period n,m) Conditional Prepayment Rate (CPR): 1-((1-SMM)^12) Average PSA Approximation over period between the nth month and mth month: AvgCPRn,m/(0.002*Avg WASn,m)) Average WASn,m: (min(30,WASn)+min(30,WASn+1)+...+min(30,WASm)/(number of months in the period n,m) Weighted Average Seasoning (WAS) Dates correspond to distribution dates. Note: Prepayment rates are calculated since deal issue date and include partial and full voluntary prepayments, liquidations, and repurchases.













Page 15 of 22
IndyMac Residential Mortgage Backed Trust 2005-L2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-L2

October 25, 2005 Distribution
Prepayment Detail Report
Prepayment Detail Report - Mortgage Loans Prepaid in Full During Current Distribution
Loan Number			Original							Current		State &		Type Prepayment		First
Loan Number			Original							Current		State &		Type Prepayment

&		Loan	Principal		Prepayment			Prepayment		Note		LTV at		&		Payment

Loan Group		Status	Balance		Amount			Date		Rate		Origination		Original Term		Date

121080210 1			281,250.00		280,675.10			21-Sep-2005		5.875%		CA - 75.00%		Paid Off - 60		01-Aug-2005
			281,250.00

121213773 1			100,000.00		99,764.55			28-Sep-2005		7.250%		CA - 80.00%		Paid Off - 60		01-Jul-2005
121213773 1					99,764.55			28-Sep-2005		7.250%		CA - 80.00%		Paid Off - 60		01-Jul-2005
121214713 1			169,150.00		169,150.00			28-Sep-2005		6.250%		CA - 85.00%		Paid Off - 60		01-Oct-2005
121214713 1					169,150.00			28-Sep-2005		6.250%		CA - 85.00%		Paid Off - 60		01-Oct-2005
121385693 1			136,000.00		135,747.41			28-Sep-2005		6.375%		AZ - 80.00%		Paid Off - 60		01-Aug-2005
121385693 1					135,747.41			28-Sep-2005		6.375%		AZ - 80.00%		Paid Off - 60		01-Aug-2005
121421171 1			48,000.00		47,951.06			23-Sep-2005		5.875%		HI - 80.00%		Paid Off - 60		01-Aug-2005
121421171 1					47,951.06			23-Sep-2005		5.875%		HI - 80.00%		Paid Off - 60		01-Aug-2005
121457098 1			135,150.00		135,021.77			14-Oct-2005		6.250%		OH - 85.00%		Paid Off - 60		01-Sep-2005
121457098 1					135,021.77			14-Oct-2005		6.250%		OH - 85.00%		Paid Off - 60		01-Sep-2005
121465979 1			54,000.00		53,946.24			04-Oct-2005		6.000%		WA - 90.00%		Paid Off - 60		01-Sep-2005
121465979 1					53,946.24			04-Oct-2005		6.000%		WA - 90.00%		Paid Off - 60		01-Sep-2005
121534418 1			55,000.00		54,918.97			23-Sep-2005		3.875%		CA - 23.40%		Paid Off - 60		01-Sep-2005
121534418 1					54,918.97			23-Sep-2005		3.875%		CA - 23.40%		Paid Off - 60		01-Sep-2005
121541839 1			36,550.00		36,550.00			26-Sep-2005		6.625%		WA - 85.00%		Paid Off - 60		01-Oct-2005
121541839 1					36,550.00			26-Sep-2005		6.625%		WA - 85.00%		Paid Off - 60		01-Oct-2005
121602065 1			280,000.00		279,714.52			10-Oct-2005		5.875%		FL - 80.00%		Paid Off - 60		01-Sep-2005
121602065 1					279,714.52			10-Oct-2005		5.875%		FL - 80.00%		Paid Off - 60		01-Sep-2005
121640299 1			194,250.00		194,102.19			06-Oct-2005		7.375%		CA - 75.00%		Paid Off - 24		01-Sep-2005
121640299 1					194,102.19			06-Oct-2005		7.375%		CA - 75.00%		Paid Off - 24		01-Sep-2005
121665044 1			730,275.00		730,275.00			14-Oct-2005		8.000%		CA - 65.00%		Paid Off - 24		01-Oct-2005
121665044 1					730,275.00			14-Oct-2005		8.000%		CA - 65.00%		Paid Off - 24		01-Oct-2005
121666449 1			50,625.00		50,521.51			30-Sep-2005		5.875%		SC - 75.00%		Paid Off - 60		01-Aug-2005
121666449 1					50,521.51			30-Sep-2005		5.875%		SC - 75.00%		Paid Off - 60		01-Aug-2005
121787205 1			176,000.00		176,000.00			03-Oct-2005		5.875%		FL - 80.00%		Paid Off - 60		01-Oct-2005
121787205 1					176,000.00			03-Oct-2005		5.875%		FL - 80.00%		Paid Off - 60		01-Oct-2005
121521924 1			63,000.00		62,935.77			01-Jan-1900		5.875%		VA - 69.23%		Repur/Subs - 60		01-Sep-2005
121521924 1					62,935.77			01-Jan-1900		5.875%		VA - 69.23%		Repur/Subs - 60		01-Sep-2005
121587673 1			97,500.00		97,500.00			01-Jan-1900		6.250%		IL - 75.00%		Repur/Subs - 60		01-Oct-2005
121587673 1					97,500.00			01-Jan-1900		6.250%		IL - 75.00%		Repur/Subs - 60		01-Oct-2005
121645588 1			400,000.00		400,000.00			01-Jan-1900		5.875%		AZ - 66.67%		Repur/Subs - 60		01-Oct-2005
121645588 1					400,000.00			01-Jan-1900		5.875%		AZ - 66.67%		Repur/Subs - 60		01-Oct-2005
121656140 1			220,000.00		220,000.00			30-Sep-2005		5.875%		NU - 80.00%		Repur/Subs - 60		01-Oct-2005
121656140 1					220,000.00			30-Sep-2005		5.875%		NU - 80.00%		Repur/Subs - 60		01-Oct-2005
121671544 1			66,000.00		66,000.00			01-Jan-1900		5.875%		WA - 80.00%		Repur/Subs - 60		01-Oct-2005
121671544 1					66,000.00			01-Jan-1900		5.875%		WA - 80.00%		Repur/Subs - 60		01-Oct-2005
121674233 1			500,000.00		500,000.00			01-Jan-1900		5.875%		CA - 68.97%		Repur/Subs - 60		01-Oct-2005
121674233 1					500,000.00			01-Jan-1900		5.875%		CA - 68.97%		Repur/Subs - 60		01-Oct-2005
121712745 1			21,250.00		21,250.00			01-Jan-1900		6.250%		CA - 85.00%		Repur/Subs - 60		01-Oct-2005
121712745 1					21,250.00			01-Jan-1900		6.250%		CA - 85.00%		Repur/Subs - 60		01-Oct-2005
121753285 1			161,100.00		161,100.00			30-Sep-2005		6.625%		NU - 90.00%		Repur/Subs - 60		01-Oct-2005
121753285 1					161,100.00			30-Sep-2005		6.625%		NU - 90.00%		Repur/Subs - 60		01-Oct-2005
121769042 1			122,500.00		122,500.00			30-Sep-2005		6.750%		NU - 70.00%		Repur/Subs - 24		01-Oct-2005
121769042 1					122,500.00			30-Sep-2005		6.750%		NU - 70.00%		Repur/Subs - 24		01-Oct-2005
121773549 1			109,800.00		109,800.00			30-Sep-2005		6.625%		CA - 90.00%		Repur/Subs - 60		01-Nov-2005
121773549 1					109,800.00			30-Sep-2005		6.625%		CA - 90.00%		Repur/Subs - 60		01-Nov-2005
121798948 1			49,500.00		49,500.00			30-Sep-2005		6.625%		NV - 90.00%		Repur/Subs - 60		01-Oct-2005
121798948 1					49,500.00			30-Sep-2005		6.625%		NV - 90.00%		Repur/Subs - 60		01-Oct-2005
121813162 1			194,400.00		194,400.00			01-Jan-1900		5.875%		CA - 80.00%		Repur/Subs - 60		01-Oct-2005
121813162 1					194,400.00			01-Jan-1900		5.875%		CA - 80.00%		Repur/Subs - 60		01-Oct-2005
121817412 1			16,600.00		16,600.00			30-Sep-2005		8.750%		NU - 89.73%		Repur/Subs - 60		01-Oct-2005
121817412 1					16,600.00			30-Sep-2005		8.750%		NU - 89.73%		Repur/Subs - 60		01-Oct-2005
121868766 1			292,500.00		292,500.00			01-Jan-1900		6.625%		CA - 90.00%		Repur/Subs - 60		01-Oct-2005
121868766 1					292,500.00			01-Jan-1900		6.625%		CA - 90.00%		Repur/Subs - 60		01-Oct-2005
121922426 1			160,000.00		160,000.00			01-Jan-1900		5.875%		FL - 76.19%		Repur/Subs - 60		01-Nov-2005
121922426 1					160,000.00			01-Jan-1900		5.875%		FL - 76.19%		Repur/Subs - 60		01-Nov-2005


TOTAL			4,920,400.00		4,918,424.09
TOTAL


Page 16 of 22
IndyMac Residential Mortgage Backed Trust 2005-L2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-L2

October 25, 2005 Distribution
Realized Loss Report

COLLATERAL REALIZED LOSSES



															Total


Current
Current



Number of Loans Liquidated														0
Collateral Principal Realized Loss/(Gain) Amount														0.00
Collateral Interest Realized Loss/(Gain) Amount														0.00
Net Liquidation Proceeds														0.00

Cumulative
Cumulative



Number of Loans Liquidated														0
Collateral Realized Loss/(Gain) Amount														0.00
Net Liquidation Proceeds														0.00






		Class A-1 Writedown Amount														0.00
		Class M Writedown Amount														0.00
		Class B Writedown Amount														0.00
		Class C Writedown Amount														0.00









Page 17 of 22
IndyMac Residential Mortgage Backed Trust 2005-L2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-L2

October 25, 2005 Distribution


DEFAULT SPEEDS



															Total



MDR														0.00%
3 Months Avg MDR														0.00%
12 Months Avg MDR														0.00%
Avg MDR Since Cut-off														0.00%


CDR														0.00%
3 Months Avg CDR														0.00%
12 Months Avg CDR														0.00%
Avg CDR Since Cut-off														0.00%


SDA														0.00%
3 Months Avg SDA Approximation														0.00%
12 Months Avg SDA Approximation														0.00%
Avg SDA Since Cut-off Approximation														0.00%


Loss Severity Approximation for Current Period														0.00%
3 Months Avg Loss Severity Approximation														0.00%
12 Months Avg Loss Severity Approximation														0.00%
Avg Loss Severity Approximation Since Cut-off														0.00%












Page 18 of 22
IndyMac Residential Mortgage Backed Trust 2005-L2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-L2

October 25, 2005 Distribution





COLLATERAL REALIZED LOSS CALCULATION METHODOLOGY
	Monthly Default Rate (MDR): (Beg Principal Balance of Liquidated Loans)/(Total Beg Principal Balance)



	Conditional Default Rate (CDR): 1-((1-MDR)^12)

	SDA Standard Default Assumption: CDR/IF(WAS<61,MIN(30,WAS)0.02,MAX(0.03,MIN(30,WAS)0.02-0.0095*(WAS-60)))

	Average MDR over period between nth month and mth month (AvgMDRn,m): [(1-MDRn)(1-MDRn+1)...*(1-MDRm)]^(1/months in period n,m)
	Average CDR over period between the nth month and mth month (AvgCDRn,m): 1-((1-AvgMDRn,m)^12)

	Average SDA Approximation over period between the nth month and mth month:
	AvgCDRn,m/IF(Avg WASn,m<61,MIN(30,Avg WASn,m)0.02,MAX(0.03,MIN(30,Avg WASn,m)0.02-0.0095*(Avg WASn,m-60)))

	Average WASn,m: (WASn + WASn+1 +...+ WASm )/(number of months in the period n,m)
	Loss Severity Approximation for current period: sum(Realized Loss Amount)/sum(Beg Principal Balance of Liquidated Loans)

	Average Loss Severity Approximation over period between nth month and mth month: Avg(Loss Severityn,m)

	Note: Default rates are calculated since deal issue date and include realized gains and additional realized losses and gains from prior periods.
	Dates correspond to distribution dates.




Page 19 of 22
IndyMac Residential Mortgage Backed Trust 2005-L2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-L2

October 25, 2005 Distribution
Realized Loss Detail Report
Loan Number			Current		State &				Prior		Realized				Cumulative
															Cumulative
&		Loan	Note		LTV at		Original		Principal		Loss/(Gain)		Realized		Realized

Loan Group		Status	Rate		Origination		Term		Balance		Revision		Loss/(Gain)		Loss/(Gain)
Loan Group		Status	Rate		Origination		Term		Balance		Revision		Loss/(Gain)		Loss/(Gain)




TOTAL



Page 20 of 22
IndyMac Residential Mortgage Backed Trust 2005-L2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-L2

October 25, 2005 Distribution
Triggers and Adj. Cert. Report
TRIGGER EVENTS
TRIGGER EVENTS
														Total
						Stepdown Date has occurred (0 = No, 1=Yes)								0
						b) Does a Loss Trigger Event Exists (0=No,1=Yes)								0
						60+ days Delinqueny Balance								0.00
						Delinquency Percentage								0.0000%
						Credit Enhancement Percentage								3.2195%
						Cumulative Loss Percentage								0.0000%



ADJUSTABLE RATE CERTIFICATE INFORMATION

SPACE INTENTIONALLY LEFT BLANK



ADDITIONAL INFORMATION
ADDITIONAL INFORMATION
														Total

Excess Reserve Fund Account Balance														5,000.00




Page 21 of 22
IndyMac Residential Mortgage Backed Trust 2005-L2

Mortgage Pass-Through Certificates
Mortgage Pass-Through Certificates
2005-L2

October 25, 2005 Distribution
Other Related Information
ADDITIONAL INFORMATION
ADDITIONAL INFORMATION
														Total
Sched. Payments for 60+Day Delinquent Loans														0.00
Sched. Pmts - 60+Day Delinquent Loans, 1 Month Prior														0.00
Sched. Pmts - 60+Day Delinquent Loans, 2 Month Prior														0.00
Sched. Pmts - 60+Day Delinquent Loans, 3 Month Prior														0.00
Sched. Pmts - 60+Day Delinquent Loans, 4 Month Prior														0.00
Sched. Pmts - 60+Day Delinquent Loans, 5 Month Prior														0.00
Sched. Pmts - 60+Day Delinquent Loans, 6 Month Prior														0.00
Sched. Pmts - 60+Day Delinquent Loans, 7 Month Prior														0.00
Sched. Pmts - 60+Day Delinquent Loans, 8 Month Prior														0.00
Sched. Pmts - 60+Day Delinquent Loans, 9 Month Prior														0.00
Sched. Pmts - 60+Day Delinquent Loans, 10 Month Prior														0.00
Sched. Pmts - 60+Day Delinquent Loans, 11 Month Prior														0.00



Current Scheduled Payments														1,566,801.99
Current Scheduled Payments 1 Month Prior														0.00
Current Scheduled Payments 2 Month Prior														0.00
Current Scheduled Payments 3 Month Prior														0.00
Current Scheduled Payments 4 Month Prior														0.00
Current Scheduled Payments 5 Month Prior														0.00
Current Scheduled Payments 6 Month Prior														0.00
Current Scheduled Payments 7 Month Prior														0.00
Current Scheduled Payments 8 Month Prior														0.00
Current Scheduled Payments 9 Month Prior														0.00
Current Scheduled Payments 10 Month Prior														0.00
Current Scheduled Payments 11 Month Prior														0.00




Page 22 of 22

INDYMAC RESIDENTIAL MORTGAGE-BACKED TRUST, SERIES 2005-L2 8-K