Waterfront Terrace Apartments

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

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Waterfront Terrace

3510 Kebil Dr
Indianapolis, IN 46224
(317) 854-4706
Waterfront Terrace in Indianapolis, IN - Building Photo
  • 1–2 Bedrooms
  • $850-$1,299Pricing
  • 648–1,008Square 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 2 Bedroom apartments starting from $850 and having 648–1,008 sq ft. Here is the current pricing and availability:

Cost CalculatorEstimate your monthly and one-time fees
  • 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 $1,100

    2 Beds, 1 Bath, 810 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq FtView Details
    $1,175Available Now3504D810
    $1,100Available Now35573D810
    $1,175Available Now3557B810

    Model Amenities and Features

    Features

    • High Speed Internet Access
    • Smoke Free

    Model Rent and Fees

    Model Price Range

    • $950 - $1,175

    Current Available Pricing

    • $1,100 - $1,175

    Unit 3504D Amenities and Features

    Features

    • High Speed Internet Access
    • Smoke Free

    Unit 3504D Rent and Fees

    Unit Price

    • $1,175
    • View Details and Rent Estimate

    Model Rent and Fees

    Model Price Range

    • $950 - $1,175

    Unit 35573D Amenities and Features

    Features

    • High Speed Internet Access
    • Smoke Free

    Unit 35573D Rent and Fees

    Unit Price

    • $1,100
    • View Details and Rent Estimate

    Model Rent and Fees

    Model Price Range

    • $950 - $1,175

    Unit 3557B Amenities and Features

    Features

    • High Speed Internet Access
    • Smoke Free

    Unit 3557B Rent and Fees

    Unit Price

    • $1,175
    • View Details and Rent Estimate

    Model Rent and Fees

    Model Price Range

    • $950 - $1,175

    2 Bed 1.5 Bath B

    From $1,175

    2 Beds, 1.5 Baths, 1008 sq ft
    Available Now

    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

    2 Bed 1.5 Bath A

    From $1,299

    2 Beds, 1.5 Baths, 1008 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,299Available Now50721008

    Unit 5072 Amenities and Features

    Features

    • High Speed Internet Access
    • Smoke Free

    Unit 5072 Rent and Fees

    Unit Price

    • $1,299
    • View Details and Rent Estimate

    Model Rent and Fees

    Model Price Range

    • $1,175 - $1,299
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.

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

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Property Information

Lease Terms

  • 12 - 18 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. 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.$50
Due at Move-In
Administrative FeeiCharged per unit.$150

Other Fees and Policies

Pet Fees

Cat

Pet DepositiMax of 2. Charged per Pet.$250
One-Time Pet FeeiMax of 2. Charged Per Pet.$0
Monthly Pet FeeiMax of 2. Charged Per Pet.$50/mo
Restrictions:

Pets Welcome Upon Approval.In order to ensure that the property remains safe, we will require a pet interview prior to approval to confirm that your pet isn't aggressive. Management retains the right to deny any pet from moving into the community for reasons associated with community safety.

Comments:

Max of 2.

Dog

Pet DepositiMax of 2. Charged per Pet.$250
One-Time Pet FeeiMax of 2. Charged Per Pet.$0
Monthly Pet FeeiMax of 2. Charged Per Pet.$50/mo
60 lbs. Weight Limit
Restrictions:

Pets Welcome Upon Approval.In order to ensure that the property remains safe, we will require a pet interview prior to approval to confirm that your pet isn't aggressive. Management retains the right to deny any pet from moving into the community for reasons associated with community safety.

Comments:

Max of 2.

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–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
Saturday10:00 am–5:00 pm
SundayClosed

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 2 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–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 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 27.0% cheaper than the average apartment in the Eagledale area, and 40.15% cheaper than the average apartment city-wide.

    Rent Comparison to the Eagledale Neighborhood

    FloorplanLowest Price HereNeighborhood Avg RentNbhd Avg RentCost Difference%
    1 Bedroom$850$1,102-$252-22.9%
    2 Bedroom$950$1,379-$429-31.1%

    Rent Comparison to the city of Indianapolis

    FloorplanLowest Price HereCity Average RentCost Difference%
    1 Bedroom$850$1,377-$527-38.3%
    2 Bedroom$950$1,638-$688-42.0%

    Methodology: On 03/17/2026, ApartmentHomeLiving.com compared current rents by floorplan to 113 other apartment communities in the immediate area around Waterfront Terrace (Eagledale), and 2078 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 03/17/2026

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 6-8 (0 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-5 (0 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 (0 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 (0 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 (0 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

Richard L. Roudebush Va Medical Center

1481 W 10th St
9 minute drive / 4.45 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 4 Bedroom Apartments from $620
View Rentals
Studio to 4 Bedroom Apartments from $620
View Rentals
Studio to 4 Bedroom Apartments from $620
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Rental Price Ranges in the Area

BedroomAverage RentCheapest RentHighest Rent
Indianapolis Studio Apartments $1,161$595$4,858
Indianapolis 1 Bedroom Apartments $1,377$497$4,702
Indianapolis 2 Bedroom Apartments $1,638$563$6,498
Indianapolis 3 Bedroom Apartments $2,059$870$8,301
Indianapolis 4 Bedroom Apartments $2,136$600$10,000+
Indianapolis 5 Bedroom Apartments $7,638$900$10,000+

Browse Top Apartments in Indianapolis

Viewing: Waterfront Terrace | Desktop Version | Listing Updated: 02/19/2026 | AHLPLA