Waterfront Terrace Apartments

Verified
This is a CoStar Verified® Listing

Waterfront Terrace 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.

3510 Kebil Dr, Indianapolis, IN 46224
(317) 854-4706
Check Availability

Photos

Contact

Waterfront Terrace

3510 Kebil Dr
Indianapolis, IN 46224
(317) 854-4706
Waterfront Terrace in Indianapolis, IN - Building Photo
  • 1–3 Bedrooms
  • $850-$1,399Pricing
  • 648–1,034Square Feet

About Waterfront Terrace

Waterfront Terrace offers renovated and spacious one, two, and three bedroom apartments and townhomes. Our community also offers many features and benefits such as fully equipped kitchens, central HVAC, abundant storage, window coverings, a large and well equipped fitness center and much more. You will appreciate the convenience of in-home laundry connections, and plenty of parking spaces. Our community is just minutes from downtown Indianapolis, restaurants, shopping, entertainment, parks, major employers, highways, and walking distance to elementary schools. Welcome Home to Waterfront Terrace!

Waterfront Terrace is located in the Eagledale Neighborhood and 46224 Zip code of Indianapolis, IN. This community is professionally managed by The Burlington Capital Group

Property Contact Info

Floorplan Pricing and Availability

Waterfront Terrace offers 1 to 3 Bedroom apartments starting from $850 and having 648–1,034 sq ft. Here is the current pricing and availability:

  • 1 Bedroom

    1 Bed 1 Bath

    From $850

    1 Bed, 1 Bath, 648 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq Ft
    From $850Available Now1 Bed 1 Bath648 sq ft

    Model Amenities and Features

    Features

    • High Speed Internet Access
    • Smoke Free

    Model Rent and Fees

    Model Price Range

    • $850 - $1,045
  • 2 Bedrooms

    2 Bed 1 Bath

    From $950

    2 Beds, 1 Bath, 810 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq Ft
    From $950Available Now2 Bed 1 Bath810 sq ft

    Model Amenities and Features

    Features

    • High Speed Internet Access
    • Smoke Free

    Model Rent and Fees

    Model Price Range

    • $950 - $1,175

    2 Bed 1.5 Bath A

    From $1,175

    2 Beds, 1.5 Baths, 960 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq Ft
    From $1,175Available Now2 Bed 1.5 Bath A960 sq ft

    Model Amenities and Features

    Features

    • High Speed Internet Access
    • Smoke Free

    Model Rent and Fees

    Model Price Range

    • $1,175 - $1,299

    2 Bed 1.5 Bath B

    From $1,175

    2 Beds, 1.5 Baths, 1008 sq ft
    Available Now
    Largest 2 BedroomThis is the largest 2 Bedroom at this Property

    Availability Details

    PriceAvailability DateUnitSq Ft
    From $1,175Available Now2 Bed 1.5 Bath B1008 sq ft

    Model Amenities and Features

    Features

    • High Speed Internet Access
    • Smoke Free

    Model Rent and Fees

    Model Price Range

    • $1,175 - $1,299
  • 3 Bedrooms

    3 Bed 2 Bath

    3 Beds, 2 Baths, 1034 sq ft
     

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,399Call for Availability3 Bed 2 Bath1034 sq ft

    Model Amenities and Features

    Features

    • High Speed Internet Access
    • Smoke Free

    Model Rent and Fees

    Model Price

    • $1,399
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

Schedule a Tour
Call us at: (317) 854-4706 to schedule a tour.

Matterport 3D Tours

Property Information

Lease Terms

  • 12 - 18 mo

Fees and Policies

The fees below are based on community-supplied data and may exclude additional fees and utilities.

Required Fees

One-Time Move-In Fees

Due at Move-In
Administrative Fee$150
Due at Application
Application Fee Per Applicant$50

Other Fees

Pet Fees

Dog

One-Time Pet Fee$0
Monthly Pet Fee$50/mo
Pet Deposit$250

Cat

One-Time Pet Fee$0
Monthly Pet Fee$50/mo
Pet Deposit$250

Dogs

  • 2 Pet Limit
  • 60 Lb Weight Limit
Restrictions:

Cats

  • 2 Pet Limit
Restrictions:

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

Unique Amenities

  • Washer and Dryer in Home * In Select Apartment Homes

On-Site Services

  • Property Manager On Site

Community Features

  • Clubhouse
  • Walk Up

Outdoor Features

  • Waterfront
  • Courtyard
  • Patio

Recreation and Fitness

  • Fitness Center
  • Playground

Interior Features

  • Balcony
  • Tub/Shower
  • High Speed Internet Access
  • Heating
  • Cable Ready
  • Washer/Dryer Hookup
  • Air Conditioning
  • Smoke Free

Kitchen Amenities

  • Range
  • Refrigerator
  • Breakfast Nook
  • Oven
  • Dishwasher
  • Kitchen
  • Disposal
  • Freezer
  • Granite Countertops

Living Area Features

  • Walk In Closets
  • Dining Room
  • Linen Closet
  • Carpet
  • Window Coverings
  • Hardwood Floors
Google Map

Map

3510 Kebil Dr, Indianapolis, IN 46224

Hours and Contact Info

Call Us - Open Now!
Currently Closed
By Appointment
Monday9:00 am–6:00 pm
Tuesday9:00 am–6:00 pm
Wednesday9:00 am–6:00 pm
Thursday9:00 am–6:00 pm
Friday9:00 am–6:00 pm
Saturday10:00 am–5:00 pm
SundayClosed

Getting Around

Walk Score®

23 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

47 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

33 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Waterfront Terrace

Where is Waterfront Terrace located?

Waterfront Terrace is located at 3510 Kebil Dr near the Eagledale area of Indianapolis, IN

What is the current rent range at Waterfront Terrace?

1 Bedroom to 3 Bedroom Apartments at Waterfront Terrace currently range from $850 to $1,299

When is the leasing office open?

  • The office Hours for Waterfront Terrace are
  • Monday 9:00 am–6:00 pm
  • Tuesday 9:00 am–6:00 pm
  • Wednesday 9:00 am–6:00 pm
  • Thursday 9:00 am–6:00 pm
  • Friday 9:00 am–6:00 pm
  • Saturday 10:00 am–5:00 pm
  • Sunday Closed

Are pets allowed?

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

Lifestyle Ratings

  • Affordability Good Value3.6

    The Waterfront Terrace Apartments are 19.77% cheaper than the average apartment in the Eagledale area, and 37.27% cheaper than the average apartment city-wide.

    Rent Comparison to the Eagledale Neighborhood

    FloorplanLowest Price HereNeighborhood Avg RentNbhd Avg RentCost Difference%
    1 Bedroom$850$1,107-$257-23.2%
    2 Bedroom$950$1,300-$350-26.9%
    3 Bedroom$1,399$1,540-$141-9.2%

    Rent Comparison to the city of Indianapolis

    FloorplanLowest Price HereCity Average RentCost Difference%
    1 Bedroom$850$1,378-$528-38.3%
    2 Bedroom$950$1,659-$709-42.7%
    3 Bedroom$1,399$2,023-$624-30.8%

    Methodology: On 11/01/2025, ApartmentHomeLiving.com compared current rents by floorplan to 148 other apartment communities in the immediate area around Waterfront Terrace (Eagledale), and 2570 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 11/01/2025

Learn more about Lifestyle Search

Renters Reviews and Ratings

4.0
0 Renters Reviews
ⓘ How is this Rating Determined?The property ratings on ApartmentHomeLiving.com are created using a 5-star scale that includes average renter review scores combined with building ratings to determine an overall blended property score.

Building ratings are based on a community’s features, including the building design, construction, exterior spaces, and amenities. To learn more about the CoStar Building Rating System, refer to our official guidelines here.

Nearby Schools

Northwest Community High School (7-8)

Indianapolis Public Schools
5525 West 34th Street
Public School - Grades 7-8 (355 Students)
In Attendance Zone1 minute drive / 0.6 miles away
4/10

Carl Wilde School 79

Indianapolis Public Schools
5002 West 34th Street
Public School - Grades PK-6 (598 Students)
In Attendance Zone1 minute drive / 0.1 miles away
3/10

Crispus Attucks Medical Magnet High School (9-12)

Indianapolis Public Schools
1140 Dr M Luther King Jr St
Public School - Grades 9-12 (1188 Students)
In Attendance Zone10 minute drive / 4.8 miles away
1/10

George Washington Community High School (9-12)

Indianapolis Public Schools
2215 West Washington Street
Public School - Grades 9-12 (753 Students)
In Attendance Zone9 minute drive / 4.4 miles away
1/10

George Washington Carver School 87

Indianapolis Public Schools
2411 Indpls Ave
Public School - Grades PK-8 (425 Students)
In Attendance Zone9 minute drive / 4.4 miles away
7/10
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 Waterfront Terrace.

Arts Museums and Landmarks

Indianapolis Motor Speedway

4790 West 16th Street
4 minute drive / 2.33 miles away

Indianapolis Museum of Art

4000 Michigan Road
7 minute drive / 3.64 miles away

Children's Museum of Indianapolis

3000 N. Meridian St.
10 minute drive / 4.99 miles away

Big Box and Retail

Target

6925 W 38th St
4 minute drive / 1.55 miles away

Walgreens

3003 Kessler Blvd N
4 minute drive / 2.21 miles away

Lowe's

975 Beachway Dr
6 minute drive / 3.08 miles away

Colleges and Universities

Marian University

3200 Cold Spring Rd
5 minute drive / 2.57 miles away

Butler University

4600 Sunset Ave
9 minute drive / 4.48 miles away

Ivy Tech Community College - Downtown Indianapolis Campus

50 West Fall Creek Pkwy
10 minute drive / 4.99 miles away

Groceries

Kroger

5025 W 71st St
9 minute drive / 4.2 miles away

Safeway

5602 N Illinois St
11 minute drive / 5.34 miles away

Meijer

10841 E US 36 Hwy
12 minute drive / 5.87 miles away

Hospitals

Neuropsychiatric Hospital Of Indianapolis

6720 Parkdale Place, Suite 100
4 minute drive / 1.62 miles away

Assurance Health Psychiatric Hospital

900 North High School Road
6 minute drive / 3.14 miles away

Eskenazi Health

720 Eskenazi Avenue
10 minute drive / 4.89 miles away

Parks and Recreation

SpaceQuest Planetarium

3000 N Meridian St
10 minute drive / 4.99 miles away

White River State Park

White River State Park
11 minute drive / 5.36 miles away

Benjamin Harrison House

1230 North Delaware Street
12 minute drive / 5.68 miles away

Waterfront Terrace has 5 parks within 8.4 miles, including SpaceQuest Planetarium, White River State Park, Benjamin Harrison House, Caribbean Cove, and Garfirled Conservatory.

Restaurants and Dining

Gabriel's Cafe

320 North Meridian St
12 minute drive / 5.91 miles away

Elements

415 North Alabama Street
13 minute drive / 6.12 miles away

3 Sisters Cafe

6360 N. Guilford Ave
14 minute drive / 6.71 miles away

Shopping Centers

Honey Creek Plaza

5318-5444 W 38th St
1 minute drive / 0.32 miles away

Lafayette Plaza

5074-5206 W 38th St
1 minute drive / 0.35 miles away

Tara Shopping Center

5425-5443 W 34th St
1 minute drive / 0.38 miles away

Waterfront Terrace has 5 shopping centers within 0.5 miles.

Nearby Neighborhoods

Studio to 5 Bedroom Apartments from $610
View Rentals
Studio to 5 Bedroom Apartments from $610
View Rentals
Studio to 5 Bedroom Apartments from $610
View Rentals

Rental Price Ranges in the Area

BedroomAverage RentCheapest RentHighest Rent
Indianapolis Studio Apartments $1,191$581$5,263
Indianapolis 1 Bedroom Apartments $1,378$581$4,071
Indianapolis 2 Bedroom Apartments $1,659$563$5,706
Indianapolis 3 Bedroom Apartments $2,023$999$8,579
Indianapolis 4 Bedroom Apartments $1,878$600$8,135
Indianapolis 5 Bedroom Apartments $4,374$1,000$8,510

Browse Top Apartments in Indianapolis

Viewing: Waterfront Terrace | Desktop Version | Listing Updated: 10/03/2025 | AHLPLA