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The Preserve on Allisonville Townhomes
- 2–3 Bedrooms
- $1,430–$3,972Rent Pricing
- 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 $1,430 and having 1,024–1,271 sq ft. Here is the current pricing and availability:
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
From $1,430
Two Bedroom Townhome
2 Beds, 1.5 Baths, 1024 sq ftAvailable Jul 20Model Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft Deposit View Details $1,540 July 20, 2025 5749AV 1024 $250 $1,430 August 16, 2025 5716CR 1024 $250 $1,540 September 30, 2025 5823AV 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 Rent and Fees
Price Range
- $1,430 - $2,621
Rent Pricing
- $1,430 - $2,621
Unit 5749AV Amenities and Features
Features
- Fireplace
Kitchen
- Dishwasher
- Granite Countertops
- Microwave
- Stainless Steel Appliances
Unique Features
- Modern White Cabinets
- Side-by-Side Washer and Dryer
- Tile Backsplash
- Vinyl Plank Flooring
Unit 5749AV Rent and Fees
Price
- From $1,540
Deposit
- $250 deposit
Model Rent and Fees
Price
- $1,430 - $2,621
Unit 5716CR Amenities and Features
Kitchen
- Microwave
Unique Features
- Black Appliances
- Modern White Cabinets
- Side-by-Side Washer and Dryer
- Tile Backsplash
Unit 5716CR Rent and Fees
Price
- From $1,430
Deposit
- $250 deposit
Model Rent and Fees
Price
- $1,430 - $2,621
Unit 5823AV Amenities and Features
Kitchen
- Dishwasher
- Granite Countertops
- Microwave
- Stainless Steel Appliances
Unique Features
- Modern White Cabinets
- Side-by-Side Washer and Dryer
- Tile Backsplash
- Vinyl Plank Flooring
Unit 5823AV Rent and Fees
Price
- From $1,540
Deposit
- $250 deposit
Model Rent and Fees
Price
- $1,430 - $2,621
Apartment Model: Two Bedroom TownhomeFrom $1,4302 Bedroom, 1.5 Bath, 1024 sq ftAvailable July 20, 2025![]()
Two Bedroom Townhome - Floorplan 1 ![]()
Two Bedroom Townhome - Floorplan 2 Apartment Unit: 5749AVApartment Model: Two Bedroom TownhomeFrom $1,5402 Bedroom, 1.5 Bath, 1024 sq ftAvailable July 20, 2025Apartment Unit: 5716CRApartment Model: Two Bedroom TownhomeFrom $1,4302 Bedroom, 1.5 Bath, 1024 sq ftAvailable August 16, 2025Apartment Unit: 5823AVApartment Model: Two Bedroom TownhomeFrom $1,5402 Bedroom, 1.5 Bath, 1024 sq ftAvailable September 30, 20253 Bedrooms
From $1,765
Three Bedroom Townhome
3 Beds, 2.5 BathsAvailable Jul 4Model Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft Deposit View Details $1,915 July 4, 2025 9440TV 1271 $250 $2,020 July 11, 2025 5701RW 1271 $250 $1,765 August 27, 2025 5813RW 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 Rent and Fees
Price Range
- $1,765 - $3,972
Rent Pricing
- $1,765 - $3,972
Unit 9440TV Amenities and Features
Features
- Fireplace
Kitchen
- Dishwasher
- Granite Countertops
- Microwave
- Stainless Steel Appliances
Unique Features
- Modern White Cabinets
- Side-by-Side Washer and Dryer
- Tile Backsplash
- Vinyl Plank Flooring
Unit 9440TV Rent and Fees
Price
- From $1,915
Deposit
- $250 deposit
Model Rent and Fees
Price
- $1,765 - $3,972
Unit 5701RW Amenities and Features
Features
- Fireplace
Kitchen
- Stainless Steel Appliances
Living Space
- Den
Unique Features
- Corner Apartment
- Extra Patio
- Side-by-Side Washer and Dryer
- Tile Backsplash
Unit 5701RW Rent and Fees
Price
- From $2,020
Deposit
- $250 deposit
Model Rent and Fees
Price
- $1,765 - $3,972
Unit 5813RW Amenities and Features
Features
- Fireplace
Kitchen
- Microwave
Unique Features
- Black Appliances
- Modern White Cabinets
- Side-by-Side Washer and Dryer
- Tile Backsplash
- Vinyl Plank Flooring
Unit 5813RW Rent and Fees
Price
- From $1,765
Deposit
- $250 deposit
Model Rent and Fees
Price
- $1,765 - $3,972
Apartment Model: Three Bedroom TownhomeFrom $1,7653 Bedroom, 2.5 Bath, sq ftAvailable July 4, 2025![]()
Three Bedroom Townhome - Floorplan 1 ![]()
Three Bedroom Townhome - Floorplan 2 Apartment Unit: 9440TVApartment Model: Three Bedroom TownhomeFrom $1,9153 Bedroom, 2.5 Bath, 1271 sq ftAvailable July 4, 2025Apartment Unit: 5701RWApartment Model: Three Bedroom TownhomeFrom $2,0203 Bedroom, 2.5 Bath, 1271 sq ftAvailable July 11, 2025Apartment Unit: 5813RWApartment Model: Three Bedroom TownhomeFrom $1,7653 Bedroom, 2.5 Bath, 1271 sq ftAvailable August 27, 2025
Price shown is base rent and may not include non-optional fees and utilities. 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.
Property Information
- 120 Units
- 2 Stories
- Built in 1979
- View Property Website
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Lease Terms
- 12 Months
- Short Term Lease Options
Pet Policy
Pet Policy - Cats
- $250 Fee
- 2 Pet Limit
- $25 Monthly Pet Rent
Pet Policy - Dogs
- $250 Fee
- $25 Monthly Pet Rent
- 2 Pet Limit
- Breed Restrictions Apply
Parking Fees & Info
Parking Covered Lot
- Covered Lot
Fee & Deposit Info
One-Time Fees
- $175 Admin Fee
- $60 Application Fee
Matterport 3D Tours
Clubhouse
Fitness Center
3BR, 2.5BA - 1271 SF
3BR, 2.5BA - 1271 SF
Clubhouse
Fitness Center
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 | 9:00 am–5:30 pm |
| Tuesday | 9:00 am–5:30 pm |
| Wednesday | 9:00 am–5:30 pm |
| Thursday | 9:00 am–5:30 pm |
| Friday | 9:00 am–5:30 pm |
| Saturday | Closed |
| Sunday | Closed |
Getting Around
Walk Score®
61 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
56 / 100
Bikeable
Some bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $1,430 to $3,972
When is the leasing office open?
- The office Hours for The Preserve on Allisonville Townhomes are
- Monday 9:00 am–5:30 pm
- Tuesday 9:00 am–5:30 pm
- Wednesday 9:00 am–5:30 pm
- Thursday 9:00 am–5:30 pm
- Friday 9:00 am–5:30 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
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
Community Hospital North
7150 Clearvista Dr
5 minute drive / 1.99 miles away
Fairbanks Alcohol & Drug Addiction Treatment Center
8102 Clearvista Parkway
4 minute drive / 2.02 miles away
Options Behavioral Health System
5602 Caito Drive
9 minute drive / 4.63 miles away
Military Bases
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 | $1,256 | $585 | $5,283 |
| Indianapolis 1 Bedroom Apartments | $1,426 | $597 | $5,005 |
| Indianapolis 2 Bedroom Apartments | $1,703 | $700 | $8,199 |
| Indianapolis 3 Bedroom Apartments | $2,082 | $798 | $10,000+ |
| Indianapolis 4 Bedroom Apartments | $1,715 | $550 | $5,224 |
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Viewing: The Preserve on Allisonville Townhomes | Desktop Version | Listing Updated: 06/30/2025 | AHLPLA