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The Preserve on Allisonville Townhomes
- Student Housing
- 2–3 Bedrooms
- $1,385-$1,965
- 1,024–1,271Square Feet
About The Preserve on Allisonville Townhomes
Welcome home to The Preserve on Allisonville. You can find two and three bedroom floor plans that feature private entrances, wood-inspired plank flooring, private washers and dryers or washer and dryer connections, and patios with views of our landscaped grounds. Our spacious apartment homes are bright and airy with neutral colors and plenty of space for you to unwind. Relax on our sundeck by our shimmering swimming pool or enjoy the day at the children's play area. We also offer a bark park for your pampered pets. Call today to schedule a tour of our beautiful community, and find the lifestyle you're looking for at The Preserve on Allisonville.
The Preserve on Allisonville Townhomes is located in the Castleton Neighborhood and 46250 Zip code of Indianapolis, IN. This community is professionally managed by Morgan Properties
Unique Features and Amenities
- Air Conditioner
- Amazon Hub
- BBQ/Picnic Area
- Black Appliances
- Corner Apartment
- Espresso Cabinets
- Extra patio
- maple cabinets
- Modern White Cabinets
- Non-Smoking Community
- Patio/Balcony
- Pet Friendly
- private entrance
- Side-by-Side Washer and Dryer
- Stackable washer and dryer
- Steps from Town Run Trail Park
- TILE BACKSPLASH
- Vinyl Plank Flooring
- walk-in closet
- washer & dryer
- Washer & Dryer in Home
Property Contact Info
Floorplan Pricing and Availability
The Preserve on Allisonville Townhomes offers 2 to 3 Bedroom apartments starting from $1,385 and having 1,024–1,271 sq ft. Here is the current pricing and availability:
Cost CalculatorEstimate your monthly and one-time fees
New! Interactive Property Map
ApartmentHomeLiving.com's new Interactive Property Map allows you to see where every available unit is located at this community.Try It Now >2 Bedrooms
Two Bedroom Townhome
From $1,385
2 Beds, 1.5 Baths, 1024 sq ftTotal Monthly PriceAvailable NowModel Gallery
Floorplans
Availability Details
Prices shown for this property are the Total Monthly Price including Fees.Price Availability Date Unit Sq Ft Deposit View Details $1,385 Available Now 5708RW 1024 $250 $1,535 Available Now 5757RW 1024 $250 $1,535 Available Now 5713RW 1024 $250 Model Amenities and Features
Features
- Air Conditioning
- Balcony
- Cable Ready
- Fireplace
- Washer/Dryer
- Washer/Dryer Hookup
Kitchen
- Breakfast Nook
- Dishwasher
- Granite Countertops
- Microwave
- Refrigerator
- Stainless Steel Appliances
Model Lease Information
Model Price Range
- $1,385 - $2,415
Current Available Pricing
- $1,385 - $1,535
Unit 5708RW Lease Information
Unit Price
- $1,385
View Details and Rent EstimateDeposit
- $250 deposit
Model Rent and Fees
Model Price Range
- $1,385 - $2,415
Unit 5757RW Lease Information
Unit Price
- $1,535
View Details and Rent EstimateDeposit
- $250 deposit
Model Rent and Fees
Model Price Range
- $1,385 - $2,415
Unit 5713RW Lease Information
Unit Price
- $1,535
View Details and Rent EstimateDeposit
- $250 deposit
Model Rent and Fees
Model Price Range
- $1,385 - $2,415
Apartment Model: Two Bedroom TownhomeFrom $1,3852 Bedroom, 1.5 Bath, 1024 sq ftAvailable NowFloor plans are artist's rendering. All dimensions are approximate. Actual product and specifications may vary in dimension or detail. Not all features are available in every rental home. Please see a representative for details.
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Two Bedroom Townhome - Floorplan 1 Floor plans are artist's rendering. All dimensions are approximate. Actual product and specifications may vary in dimension or detail. Not all features are available in every rental home. Please see a representative for details.
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Two Bedroom Townhome - Floorplan 2 Apartment Unit: 5708RWApartment Model: Two Bedroom Townhome$1,3852 Bedroom, 1.5 Bath, 1024 sq ftAvailable NowApartment Unit: 5757RWApartment Model: Two Bedroom Townhome$1,5352 Bedroom, 1.5 Bath, 1024 sq ftAvailable NowApartment Unit: 5713RWApartment Model: Two Bedroom Townhome$1,5352 Bedroom, 1.5 Bath, 1024 sq ftAvailable Now3 Bedrooms
Three Bedroom Townhome
From $1,860
3 Beds, 2.5 BathsTotal Monthly PriceAvailable NowModel Gallery
Floorplans
Availability Details
Prices shown for this property are the Total Monthly Price including Fees.Price Availability Date Unit Sq Ft Deposit View Details $1,860 Available Now 9436TV 1271 $250 $1,925 Available Now 5815AV 1271 $250 $1,940 March 13, 2026 5748RW 1271 $250 Model Amenities and Features
Features
- Air Conditioning
- Balcony
- Cable Ready
- Fireplace
- Washer/Dryer
- Washer/Dryer Hookup
Kitchen
- Breakfast Nook
- Dishwasher
- Granite Countertops
- Microwave
- Refrigerator
- Stainless Steel Appliances
Model Lease Information
Model Price Range
- $1,860 - $3,015
Current Available Pricing
- $1,860 - $1,940
Unit 9436TV Lease Information
Unit Price
- $1,860
View Details and Rent EstimateDeposit
- $250 deposit
Model Rent and Fees
Model Price Range
- $1,860 - $3,015
Unit 5815AV Lease Information
Unit Price
- $1,925
View Details and Rent EstimateDeposit
- $250 deposit
Model Rent and Fees
Model Price Range
- $1,860 - $3,015
Unit 5748RW Lease Information
Unit Price
- $1,940
View Details and Rent EstimateDeposit
- $250 deposit
Model Rent and Fees
Model Price Range
- $1,860 - $3,015
Apartment Model: Three Bedroom TownhomeFrom $1,8603 Bedroom, 2.5 Bath, sq ftAvailable NowFloor plans are artist's rendering. All dimensions are approximate. Actual product and specifications may vary in dimension or detail. Not all features are available in every rental home. Please see a representative for details.
![]()
Three Bedroom Townhome - Floorplan 1 Floor plans are artist's rendering. All dimensions are approximate. Actual product and specifications may vary in dimension or detail. Not all features are available in every rental home. Please see a representative for details.
![]()
Three Bedroom Townhome - Floorplan 2 Apartment Unit: 9436TVApartment Model: Three Bedroom Townhome$1,8603 Bedroom, 2.5 Bath, 1271 sq ftAvailable NowApartment Unit: 5815AVApartment Model: Three Bedroom Townhome$1,9253 Bedroom, 2.5 Bath, 1271 sq ftAvailable NowApartment Unit: 5748RWApartment Model: Three Bedroom Townhome$1,9403 Bedroom, 2.5 Bath, 1271 sq ftAvailable March 13, 2026
Price shown is total price based on community-supplied monthly required fees. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.
Schedule a Tour
Call us at: (463) 240-1363 to schedule a tour.
3D Tours
Clubhouse
Fitness Center
3BR, 2.5BA - 1271 SF
3BR, 2.5BA - 1271 SF
Clubhouse
Fitness Center
Property Information
- 120 Units
- 2 Stories
- Built in 1979
- View Property Website
Fees and Policies
The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified. Use the Cost Calculator to determine costs based on your needs.
Required Fees
One-Time Basics
- Due at Application
- Application Fee Per ApplicantiCharged per applicant.$60
- Due at Move-In
- Administrative FeeiCharged per unit.$175
Utilities
- Amenity FeeiAmenity Fee Charged Per Unit.$65/mo
Other Fees
Situational Fees
- Early Termination FeeiEarly Termination Fee Charged Per Unit.200.0% of base rent/per occurrence
- Late ChargeiLate Fee Charged Per Unit.$75/per occurrence
- NSF Check FeeiNSF Fee Charged Per Unit.$25/per occurrence
- Transfer FeeiIn-House Transfer Fee Charged Per Unit.$500/per occurrence
- MTM Flat FeeiMonth to Month Flat Fee Charged Per Unit.$0/per occurrence
- Adminstrative FeeiAdminstrative Fee Charged per unit.$175
- Application FeeiApplication Fee Charged per unit.$60
- Keys and Lock ChangesiMailbox Key Change Charged per unit.$25/per occurrence
- Pre-Termination FeeiResident Add-on/Release Fee Charged per unit.$100/per occurrence
- Utility - WateriUtility - Water Charged per unit.Varies/mo
Pet Fees
- Pet FeeiOne Time Pet Fee Charged Per Pet.Varies/mo
- Monthly Pet FeeiMonthly Pet Fee Charged Per Pet.$25/mo
- Cat FeeiCharged per Pet.$250
- Cat RentiCharged Per Pet.$25/mo
- Dog FeeiCharged per Pet.$250
- Dog RentiCharged Per Pet.$25/mo
Other Pet
Cat
Restrictions:
None
Dog
Restrictions:
Breed Restrictions Apply
Comments:
| Restrictions: Breed Restrictions Apply.
Others
AllowedParking Fees
- Parking FeeiPreferred Parking Charged Per Vehicle.$25/mo
- Garage RentiCarport Charged Per Vehicle.$35/mo
Other
Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.
Features and Amenities
Community Features
- Business Center
- Clubhouse
- Walk Up
Outdoor Features
- Grill
- Picnic Area
- Sundeck
- Patio
Recreation and Fitness
- Fitness Center
- Walking/Biking Trails
- Playground
- Pool
Interior Features
- Balcony
- Fireplace
- Cable Ready
- Washer/Dryer Hookup
- Washer/Dryer
- Air Conditioning
Kitchen Amenities
- Dishwasher
- Microwave
- Refrigerator
- Breakfast Nook
- Stainless Steel Appliances
- Granite Countertops
Living Area Features
- Walk In Closets
- Den
- Window Coverings
Map
5830 River Wood Dr, Indianapolis, IN 46250
- Shopping
- Colleges
- Grocery
- Medical
- Parks
Map
Hours and Contact Info
Call Us - Open Now!
Currently Closed
By Appointment
| Monday | 10:00 am–6:00 pm |
| Tuesday | 10:00 am–6:00 pm |
| Wednesday | 10:00 am–6:00 pm |
| Thursday | 10:00 am–6:00 pm |
| Friday | 10:00 am–6:00 pm |
| Saturday | Closed |
| Sunday | Closed |
Frequently Asked Questions about The Preserve on Allisonville Townhomes
Where is The Preserve on Allisonville Townhomes located?
The Preserve on Allisonville Townhomes is located at 5830 River Wood Dr near the Castleton area of Indianapolis, IN
What is the current rent range at The Preserve on Allisonville Townhomes?
2 Bedroom to 3 Bedroom Apartments at The Preserve on Allisonville Townhomes currently range from $1,385 to $1,965
When is the leasing office open?
- The office Hours for The Preserve on Allisonville Townhomes are
- Monday 10:00 am–6:00 pm
- Tuesday 10:00 am–6:00 pm
- Wednesday 10:00 am–6:00 pm
- Thursday 10:00 am–6:00 pm
- Friday 10:00 am–6:00 pm
- Saturday Closed
- Sunday Closed
Are pets allowed?
Call us today to find out our pet policy and if we allow pets
Lifestyle Ratings
Learn more about Lifestyle SearchRenters Reviews and Ratings
Worst Place I have ever lived
February 11, 2020This became the worst place I have ever lived when this place changed from Riverwood to the Preserve . The Preserve does NOT care about it residents and allows unreasonalbe wait time for necessary apartment maintenance. I waited over 6 months for them to fix a window their team broke while tearing up the backyard (they fixed the window in January).Review from Apartments.com
Do not move here (2018 Review)
December 2, 20181. No parking for tenants (expect to walk pass 20 cars or a new street to your car 2. Landlord allows tenants to occupy visitor parking spots or their family/friends to occupy it for 2 months and counting 3. October 2018, 2 cars got their tires stolen so a total of 4 tires stolen on one night 4. Tenants are allowed to smoke in their units, prepare to smell like cigarette smoke 5. There is no security in this area 6. When we first moved in they leased us an apartment that wasn’t livable, so we ...had to push our move in date and get a new apartment unit 7. New management charges you when you pay rent online, the fee is in the 20’s. 8. Expensive apartment that’s not worth the troubleProperty Manager Responded
December 3, 2018Hello, We appreciate your feedback. Wilkinson Asset Management is the management company for The Preserve on Allisonville and we are here to help. We apologize in advance for property concerns. The Wilkinson Asset Management teams are committed to providing our customers with a hassle-free living experience and would love the opportunity to help you resolve your concern today. We want to hear from you and can be reached at CustomerCare@wfocliving.com or at 866-914-2403. Thank you.?
Read MoreReview from Apartments.com
Riverwood apartment homes
August 9, 2015We have lived here for 2 years. There have been four different companies that have owned the complex so things were a bit annoying at times. Now they are very good about doing repairs and regular maintenance on the apartments as needed. They are older units, with older appliances and in need of some definite upgrading, but great space and nice wooded property for a great price. We have had our roof leak, shower leaks, washing machine leak, and other small issues. These are old building so things ...do go wrong more often; they are good about making repairs now. I haven't found anyhting in this area for the price and 3 bedroom tow home styl with 2 1/2 baths; for that it is worth it to us. Quiet neighboorhood and pretty safe for the most part. Other than the maintenance issues with the apartment we have enjoyed living here, especially with a beautiful woods and wildlife out our back porch. We have owls, deer, raccoons, and even humming birds that come to my feeder ;)Read MoreReview from Apartments.com
Its been a while since I've lived here.
August 6, 2015I lived here back in 2005-2006. This place is at the perfect location in Castleton. The worst thing that I can remember about living here, is the parking. Other than that, the neighborhood is quiet, and friendly staff.Review from Apartments.com
Riverwood
August 6, 2015Not badly priced but not the best place to live. Layout is weird doesn't flow well.Review from Apartments.com
Nearby Schools
Lawrence Central High School
M S D Lawrence Township
7300 East 56th Street
Public School - Grades 9-12 (2317 Students)
In Attendance Zone10 minute drive / 5.0 miles away
Belzer Middle School
M S D Lawrence Township
7555 East 56th Street
Public School - Grades 7-8 (1183 Students)
In Attendance Zone11 minute drive / 5.2 miles away
Mary Evelyn Castle Elementary School
M S D Lawrence Township
8502 East 82nd Street
Public School - Grades 1-6 (713 Students)
In Attendance Zone6 minute drive / 2.9 miles away
School data provided by GreatSchools.
details
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on scale of 1 (below average) and to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider needs as part of the school selection process.
About GreatSchools Data on ApartmentHomeLiving.com.
About GreatSchools Data on ApartmentHomeLiving.com.
Points of Interest
Time and distance from The Preserve on Allisonville Townhomes.
Arts Museums and Landmarks
Big Box and Retail
Walgreens
9610 Allisonville Rd
1 minute drive / 0.57 miles away
Macy's
6020 E 82nd St
2 minute drive / 0.73 miles away
Jcpenney
6020 E 82nd St
2 minute drive / 0.8 miles away
Colleges and Universities
Ivy Tech Community College - Downtown Indianapolis Campus
50 West Fall Creek Pkwy
19 minute drive / 9.26 miles away
Groceries
Kroger
5810 E 71st St
5 minute drive / 2.42 miles away
Meijer
1424 W Carmel Dr
12 minute drive / 5.75 miles away
The Fresh Market
5415 N College Ave
13 minute drive / 6.19 miles away
Hospitals
Fairbanks Alcohol & Drug Addiction Treatment Center
8102 Clearvista Parkway
4 minute drive / 2.02 miles away
Military Bases
Naval Avionics Center
18 minute drive / 8.82 miles away
Parks and Recreation
The Preserve on Allisonville Townhomes has 4 parks within 10.4 miles, including Climb Time Indy, Caribbean Cove, SpaceQuest Planetarium, and Benjamin Harrison House.
Restaurants and Dining
Shopping Centers
The Preserve on Allisonville Townhomes has 5 shopping centers within 0.6 miles.
Nearby Neighborhoods
Rental Price Ranges in the Area
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Indianapolis Studio Apartments | $1,158 | $595 | $5,069 |
| Indianapolis 1 Bedroom Apartments | $1,383 | $497 | $4,914 |
| Indianapolis 2 Bedroom Apartments | $1,635 | $563 | $6,194 |
| Indianapolis 3 Bedroom Apartments | $2,041 | $925 | $9,978 |
| Indianapolis 4 Bedroom Apartments | $1,883 | $600 | $10,000+ |
| Indianapolis 5 Bedroom Apartments | $8,391 | $1,000 | $10,000+ |
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Viewing: The Preserve on Allisonville Townhomes | Desktop Version | Listing Updated: 03/05/2026 | AHLPLA
| Restrictions: None.