The Reserve at Franklin Glenn Apartments

Verified
This is a CoStar Verified® Listing

The Reserve at Franklin Glenn in Indianapolis, IN is verified by CoStar’s® proprietary screening and fraud detection process, so you can shop and rent with confidence on ApartmentHomeLiving.com. Always protect yourself when shopping online.

(812) 497-8631
Check Availability
8016 Louisville Dr, Indianapolis, IN 46226

Photos

Contact

The Reserve at Franklin Glenn

8016 Louisville Dr
Indianapolis, IN 46226
(812) 497-8631
The Reserve at Franklin Glenn in Indianapolis, IN - Building Photo
  • 2–4 Bedrooms
  • $1,210-$1,536 Pricing
  • 930–1,460 Square Feet

About The Reserve at Franklin Glenn

The Reserve at Franklin Glenn is located in the Lawrence Neighborhood and 46226 Zip code of Indianapolis, IN. This community is professionally managed by 232 Management LLC

Property Contact Info

Floorplan Pricing and Availability

The Reserve at Franklin Glenn offers 2 to 4 Bedroom apartments starting from $1,210 and having 930–1,460 sq ft. Here is the current pricing and availability:

  • 2 Bedrooms

    2 Bedroom 2 Bathroom

    $1,210

    2 Beds, 2 Baths, 930 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    $1,210Available Now2 Bedroom 2 Bathroom930 sq ft$1,210

    Model Amenities and Features

    Features

    • Windows

    Model Rent and Fees

    Model Price

    • $1,210

    Deposit

    • $1,210 deposit
  • 3 Bedrooms

    3 Bedroom 2 Bathroom Townhome

    $1,401

    3 Beds, 2 Baths, 1190 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    $1,401Available Now3 Bedroom 2 Bathroom Townhome1190 sq ft$1,401

    Model Amenities and Features

    Features

    • Windows

    Model Rent and Fees

    Model Price

    • $1,401

    Deposit

    • $1,401 deposit
  • 4 Bedrooms

    4 Bedroom 2 Bathroom Townhome

    $1,536

    4 Beds, 2 Baths, 1460 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    $1,536Available Now4 Bedroom 2 Bathroom Townhome1460 sq ft$1,536

    Model Amenities and Features

    Features

    • Windows

    Model Rent and Fees

    Model Price

    • $1,536

    Deposit

    • $1,536 deposit
Price shown is base rent. 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

Schedule a Tour
Call us at: (812) 497-8631 to schedule a tour.

3D Tours

Property Information

  • 134 Units
  • 2 Stories
  • Built in 1995

Lease Terms

  • 12 mo

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.

Required Fees

One-Time Basics

Due at Application
Application Fee Per ApplicantiCharged per applicant.$50.00

Other Fees and Policies

Storage Fees

Storage Unit
Storage DepositiCharged per rentable item.$0.00
Storage RentiCharged per rentable item.$0.00/mo

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

Interior Features

  • Windows
Google Map

Map

8016 Louisville Dr, Indianapolis, IN 46226

Hours and Contact Info

Call Us - Open Now!
Currently Closed
By Appointment
Monday9:00 am–5:00 pm
Tuesday9:00 am–5:00 pm
Wednesday9:00 am–5:00 pm
Thursday9:00 am–5:00 pm
Friday9:00 am–5:00 pm
SaturdayClosed
SundayClosed

Frequently Asked Questions about The Reserve at Franklin Glenn

Where is The Reserve at Franklin Glenn located?

The Reserve at Franklin Glenn is located at 8016 Louisville Dr near the Lawrence area of Indianapolis, IN

What is the current rent range at The Reserve at Franklin Glenn?

2 Bedroom to 4 Bedroom Apartments at The Reserve at Franklin Glenn currently range from $1,210 to $1,536

When is the leasing office open?

  • The office Hours for The Reserve at Franklin Glenn are
  • Monday 9:00 am–5:00 pm
  • Tuesday 9:00 am–5:00 pm
  • Wednesday 9:00 am–5:00 pm
  • Thursday 9:00 am–5:00 pm
  • Friday 9:00 am–5:00 pm
  • Saturday Closed
  • Sunday Closed

Are pets allowed?

Call us today to find out our pet policy and if we allow pets

Lifestyle Ratings

  • Affordability Nice Value3.2

    The The Reserve at Franklin Glenn Apartments are 10.63% cheaper than the average apartment in the Lawrence area, and 26.67% cheaper than the average apartment city-wide.

    Rent Comparison to the Lawrence Neighborhood

    FloorplanLowest Price HereNeighborhood Avg RentNbhd Avg RentCost Difference%
    2 Bedroom$1,210$1,444-$234-16.2%
    3 Bedroom$1,401$1,672-$271-16.2%
    4 Bedroom$1,536$1,529+$70.5%

    Rent Comparison to the city of Indianapolis

    FloorplanLowest Price HereCity Average RentCost Difference%
    2 Bedroom$1,210$1,650-$440-26.7%
    3 Bedroom$1,401$2,025-$624-30.8%
    4 Bedroom$1,536$1,983-$447-22.5%

    Methodology: On 05/06/2026, ApartmentHomeLiving.com compared current rents by floorplan to 126 other apartment communities in the immediate area around The Reserve at Franklin Glenn (Lawrence), and 1623 other apartment communities in Indianapolis using today’s up-to-date pricing using the sum/count averaging formula. This data will be updated in real-time as prices fluctuate.

    Rent Pricing Data as of 05/06/2026

Learn more about Lifestyle Search

Nearby Schools

Brook Park Elementary School

M S D Lawrence Township
5259 N David St
Public School - Grades K-5 (617 Students)
In Attendance Zone4 minute drive / 1.6 miles away
3/10

Belzer Middle School

M S D Lawrence Township
7555 East 56th Street
Public School - Grades 6-8 (1183 Students)
In Attendance Zone4 minute drive / 1.4 miles away
3/10

Lawrence Central High School

M S D Lawrence Township
7300 East 56th Street
Public School - Grades 9-12 (2317 Students)
In Attendance Zone4 minute drive / 1.6 miles away
3/10
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.

Points of Interest

Time and distance from The Reserve at Franklin Glenn.

Arts Museums and Landmarks

Warren Performing Arts Center

9500 East 16th Street
6 minute drive / 3.22 miles away

Children's Museum of Indianapolis

3000 N. Meridian St.
14 minute drive / 6.87 miles away

Lucas Oil Stadium

500 South Capitol Ave
16 minute drive / 7.72 miles away

Big Box and Retail

Lowe's

8801 E 25th St
4 minute drive / 2.06 miles away

Aldi

10325 Pendleton Pike
6 minute drive / 3.08 miles away

Kohl's

5825 Sunnyside Rd
8 minute drive / 3.79 miles away

Colleges and Universities

Ivy Tech Community College - Downtown Indianapolis Campus

50 West Fall Creek Pkwy
15 minute drive / 7.03 miles away

Butler University

4600 Sunset Ave
16 minute drive / 7.48 miles away

Indiana University School of Medicine

340 W 10th St
16 minute drive / 7.73 miles away

Groceries

Aldi

10325 Pendleton Pike
6 minute drive / 3.08 miles away

Kroger

11101 Pendleton Pike
8 minute drive / 3.86 miles away

Save-A-Lot

2930 E 38th St
9 minute drive / 4.45 miles away

Hospitals

Options Behavioral Health System

5602 Caito Drive
5 minute drive / 1.94 miles away

Neurodiagnostic Institute

5435 E 16th St
8 minute drive / 3.76 miles away

Community Hospital East

1500 N Ritter Ave
8 minute drive / 3.76 miles away

Military Bases

Naval Avionics Center

6 minute drive / 3.03 miles away

Parks and Recreation

Climb Time Indy

8750 Corporation Drive
12 minute drive / 5.9 miles away

SpaceQuest Planetarium

3000 N Meridian St
14 minute drive / 6.87 miles away

Benjamin Harrison House

1230 North Delaware Street
15 minute drive / 7.32 miles away

The Reserve at Franklin Glenn has 5 parks within 9.1 miles, including Climb Time Indy, SpaceQuest Planetarium, Benjamin Harrison House, White River State Park, and Garfirled Conservatory.

Restaurants and Dining

Loon Lake Lodge

6880 E 82nd St
11 minute drive / 5.31 miles away

H20 Sushi

1912 Broad Ripple Avenue
12 minute drive / 5.85 miles away

3 Sisters Cafe

6360 N. Guilford Ave
14 minute drive / 6.66 miles away

Shopping Centers

Pendleton Shoppes

4060-4088 Pendleton Way
1 minute drive / 0.38 miles away

Franklin Gables Shopping Center

8031-8083 E 38th St
1 minute drive / 0.43 miles away

Pendleton Pike Shoppes

8015 Pendleton Pike
1 minute drive / 0.5 miles away

The Reserve at Franklin Glenn has 5 shopping centers within 0.6 miles.

Nearby Neighborhoods

Thirty-Eighth & Franklin

Studio to 4 Bedroom Apartments from $649
View Rentals

Lawrence Harrison Park

Studio to 4 Bedroom Apartments from $649
View Rentals

Towne and Terrace

Studio to 4 Bedroom Apartments from $649
View Rentals

Rental Price Ranges in the Area

BedroomAverage RentCheapest RentHighest Rent
Indianapolis Studio Apartments $1,201$495$5,288
Indianapolis 1 Bedroom Apartments $1,385$544$4,071
Indianapolis 2 Bedroom Apartments $1,650$545$6,669
Indianapolis 3 Bedroom Apartments $2,025$626$7,707
Indianapolis 4 Bedroom Apartments $1,983$600$10,000+
Indianapolis 5 Bedroom Apartments $11,675$7,049$10,000+

Browse Top Apartments in Indianapolis

Viewing: The Reserve at Franklin Glenn | Desktop Version | Listing Updated: 05/05/2026 | AHLPLA