Waterstone Place Apartments

2755 Merlin Lake Dr, Indianapolis, IN 46229

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Waterstone Place Apartments

2755 Merlin Lake Dr
Indianapolis, IN 46229
Waterstone Place Apartments in Indianapolis, IN - Building Photo
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  • 1–3 Bedrooms
  • 686–1,164Square Feet

About Waterstone Place Apartments

Tucked away among the lush greenery of suburban Warren, Waterstone Place Apartments is designed to bring a touch of comfort to your everyday life. With spacious one, two, and three-bedroom homes and enticing amenities, you and your furry friends will enjoy all contemporary comforts while living in a dreamy, park-like community. Start your new chapter with us at our apartments in East Indianapolis! Life is sweeter when you are swimming in our sparkling pool or when you have a picnic at the designated areas. Staying active is just as sweet and easy with a private lake for strolling or exercise. Fun is guaranteed at the playground and dog park that are a few steps from your door. Even completing chores is gratifying when you take care of it at the on-site laundry facilities. These amenities and more are waiting to be discovered at Waterstone Place Apartments. The comfort of your private space is equally important, which is why your apartment in Eastside Indianapolis, comes cable ready and with updated interiors and exteriors. The kitchens are equipped with dishwashers and refrigerators while select units have vinyl floors. Air conditioning, large closets, and patios/balconies are also available for your convenience. Our enchanting location in the tranquil Warren area is another asset. We are close to eateries and shops like Arts Skillet, Washington Square, Castleton Square, and even employers like Eskenazi Health Center, Finish Line, IUPUI, and Ivy Tech Community College. Schedule a visit and get a sense of the peacefulness and sophistication you can experience in our apartments for rent in East Indianapolis. Call us today!

Waterstone Place Apartments is located in the Far Eastside Neighborhood and 46229 Zip code of Indianapolis, IN.

Unique Features and Amenities

  • 1 and 2 bedroom apartment homes
  • 24-Hour Emergency Maintenance
  • Air Conditioner
  • and laundry rooms are available in selected units
  • Balconies or Patios
  • Bark Park
  • Bus Line at Entrance of Property
  • Carpeting
  • Close to Highway & Shopping
  • Close to I-74, I-70 and I-465
  • Close to Shopping, Dining, Entertainment
  • Internet service
  • Lakeviews
  • Large Closets
  • Laundry Facility On-site
  • Mini Blinds and Ceiling Fans
  • On The Bus Line
  • Oversized storage
  • Patio/Balcony
  • Private Lake
  • Spacious floor plans
  • Spanish Speaking Staff
  • Updated Exteriors
  • Updated interiors
  • Valet Trash
  • View
  • vinyl floors
  • Warren Township Schools

See All Amenities

Property Contact Info

This property currently does not have availability listed on ApartmentHomeLiving.com. Sign up to get notified when it becomes available.Request Availability Alert

Floorplan Pricing and Availability

  • 1 Bedroom

    One Bedroom, 1.5 Bath

    1 Bed, 1.5 Baths, 710 sq ft
     

    Availability Details

    Availability DateUnitSq Ft
    UnavailableOne Bedroom, 1.5 Bath710 sq ft

    Model Amenities and Features

    Features

    • Air Conditioning
    • Cable Ready
    • Ceiling Fans
    • Heating
    • High Speed Internet Access
    • Smoke Free
    • Tub/Shower

    Kitchen

    • Dishwasher
    • Disposal
    • Kitchen
    • Range

    Living Space

    • Carpet
    • Dining Room
    • Vinyl Flooring
    • Walk-In Closets
    • Window Coverings

    One Bedroom, One Bath

    1 Bed, 1 Bath, 686 sq ft
     

    Availability Details

    Availability DateUnitSq Ft
    UnavailableOne Bedroom, One Bath686 sq ft

    Model Amenities and Features

    Features

    • Air Conditioning
    • Cable Ready
    • Ceiling Fans
    • Heating
    • High Speed Internet Access
    • Smoke Free
    • Tub/Shower

    Kitchen

    • Dishwasher
    • Disposal
    • Kitchen
    • Range

    Living Space

    • Carpet
    • Dining Room
    • Vinyl Flooring
    • Walk-In Closets
    • Window Coverings

    One Bedroom, One Bath Plus Den

    1 Bed, 1 Bath, 793 sq ft
     

    Availability Details

    Availability DateUnitSq Ft
    UnavailableOne Bedroom, One Bath Plus Den793 sq ft

    Model Amenities and Features

    Features

    • Air Conditioning
    • Cable Ready
    • Ceiling Fans
    • Heating
    • High Speed Internet Access
    • Smoke Free
    • Tub/Shower

    Kitchen

    • Dishwasher
    • Disposal
    • Kitchen
    • Range

    Living Space

    • Carpet
    • Den
    • Dining Room
    • Vinyl Flooring
    • Walk-In Closets
    • Window Coverings

    One Bedroom, 1.5 Baths Plus Den

    1 Bed, 1.5 Baths, 886 sq ft
     
    Largest 1 BedroomThis is the largest 1 Bedroom at this Property

    Availability Details

    Availability DateUnitSq Ft
    UnavailableOne Bedroom, 1.5 Baths Plus Den886 sq ft

    Model Amenities and Features

    Features

    • Air Conditioning
    • Cable Ready
    • Ceiling Fans
    • Heating
    • High Speed Internet Access
    • Smoke Free
    • Tub/Shower

    Kitchen

    • Dishwasher
    • Disposal
    • Kitchen
    • Range

    Living Space

    • Carpet
    • Den
    • Dining Room
    • Vinyl Flooring
    • Walk-In Closets
    • Window Coverings
  • 2 Bedrooms

    Two Bedroom, One Bath

    2 Beds, 1 Bath, 910 sq ft
     

    Availability Details

    Availability DateUnitSq Ft
    UnavailableTwo Bedroom, One Bath910 sq ft

    Model Amenities and Features

    Features

    • Air Conditioning
    • Cable Ready
    • Ceiling Fans
    • Heating
    • High Speed Internet Access
    • Smoke Free
    • Tub/Shower

    Kitchen

    • Dishwasher
    • Disposal
    • Kitchen
    • Range

    Living Space

    • Carpet
    • Dining Room
    • Vinyl Flooring
    • Walk-In Closets
    • Window Coverings

    Two Bedroom, One Bath Plus Den

    2 Beds, 1 Bath, 993 sq ft
     

    Availability Details

    Availability DateUnitSq Ft
    UnavailableTwo Bedroom, One Bath Plus Den993 sq ft

    Model Amenities and Features

    Features

    • Air Conditioning
    • Cable Ready
    • Ceiling Fans
    • Heating
    • High Speed Internet Access
    • Smoke Free
    • Tub/Shower

    Kitchen

    • Dishwasher
    • Disposal
    • Kitchen
    • Range

    Living Space

    • Carpet
    • Den
    • Dining Room
    • Vinyl Flooring
    • Walk-In Closets
    • Window Coverings

    Two Bedroom, Two Bath

    2 Beds, 2 Baths, 1072 sq ft
     

    Availability Details

    Availability DateUnitSq Ft
    UnavailableTwo Bedroom, Two Bath1072 sq ft

    Model Amenities and Features

    Unique Features

    • and laundry rooms are available in selected units
    • Internet service
    • oversized storage

    Two bedroom, Two Bath Plus Den

    2 Beds, 2 Baths, 1164 sq ft
     
    Largest 2 BedroomThis is the largest 2 Bedroom at this Property

    Availability Details

    Availability DateUnitSq Ft
    UnavailableTwo bedroom, Two Bath Plus Den1164 sq ft
  • 3 Bedrooms

    Three Bedroom, One Bath

    3 Beds, 1 Bath, 1006 sq ft
     

    Availability Details

    Availability DateUnitSq Ft
    UnavailableThree Bedroom, One Bath1006 sq ft

    Model Amenities and Features

    Features

    • High Speed Internet Access
    • Smoke Free
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.

Property Information

  • Renovated In 2013
  • 192 Units
  • 2 Stories
  • Built in 1974

Lease Terms

  • 6 - 15 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

Administrative Fee$150
Application Fee Per Applicant$35

Pet Policy and Fees

Cats

  • 2 Pet Limit
  • $35 Monthly Pet Rent
  • $350 Fee
  • 35 Lb Weight Limit
Restrictions:

2 Pets Max

Dogs

  • 2 Pet Limit
  • $35 Monthly Pet Rent
  • $350 Fee
  • 35 Lb Weight Limit
Restrictions:

2 Pets Max

Parking Info and Fees

Other
Coveredi$20.00 fee per space applies only to carport parking.
  • 2 Max, Assigned Parking
  • $20/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

Living Area Features

  • Walk In Closets

Map

2755 Merlin Lake Dr, Indianapolis, IN 46229

Hours and Contact Info

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–4:00 pm
SundayClosed

Getting Around

Walk Score®

28 / 100

Car-Dependent

Most errands require a car

Bike Score®

37 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

22 / 100

Minimal Transit

It may be possible to get on a bus

Renters Reviews and Ratings

3.0
1 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.
  • Lived here 3years

    September 1, 2015
    I have a 1bd1.5ba and it is spacious. Been in my apartment 3years and would stay if I didn't need the extra space. Love the office staff.
    Review from Apartments.com

Nearby Schools

Sunny Heights Elementary School

M S D Warren Township
11149 Stony Brook Drive
Public School - Grades K-4 (480 Students)
In Attendance Zone3 minute drive / 1.1 miles away
4/10

Stonybrook Middle School (7-8)

M S D Warren Township
11300 Stony Brook Drive
Public School - Grades 5-8 (1126 Students)
In Attendance Zone3 minute drive / 1.2 miles away
3/10

Warren Central High School

M S D Warren Township
9500 East 16th Street
Public School - Grades 9-12 (3414 Students)
In Attendance Zone3 minute drive / 1.2 miles away
2/10

Stonybrook Intermediate Academy (5-6)

M S D Warren Township
11300 Stony Brook Drive
Public School - Grades 5-6 (642 Students)
In Attendance Zone3 minute drive / 1.2 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.

Points of Interest

Time and distance from Waterstone Place Apartments.

Arts Museums and Landmarks

Warren Performing Arts Center

9500 East 16th Street
4 minute drive / 1.5 miles away

Children's Museum of Indianapolis

3000 N. Meridian St.
18 minute drive / 8.86 miles away

Lucas Oil Stadium

500 South Capitol Ave
19 minute drive / 9.0 miles away

Big Box and Retail

Lowe's

8801 E 25th St
4 minute drive / 1.35 miles away

Aldi

10325 Pendleton Pike
6 minute drive / 3.24 miles away

Kohl's

5825 Sunnyside Rd
7 minute drive / 3.64 miles away

Colleges and Universities

Ivy Tech Community College - Downtown Indianapolis Campus

50 West Fall Creek Pkwy
19 minute drive / 8.93 miles away

Indiana University School of Medicine

340 W 10th St
20 minute drive / 9.4 miles away

Butler University

4600 Sunset Ave
21 minute drive / 9.81 miles away

Groceries

Aldi

10325 Pendleton Pike
6 minute drive / 3.24 miles away

Kroger

11101 Pendleton Pike
8 minute drive / 3.74 miles away

Hospitals

Options Behavioral Health System

5602 Caito Drive
9 minute drive / 4.27 miles away

Community Hospital East

1500 N Ritter Ave
10 minute drive / 4.72 miles away

Neurodiagnostic Institute

5435 E 16th St
10 minute drive / 4.81 miles away

Military Bases

Naval Avionics Center

8 minute drive / 3.89 miles away

Parks and Recreation

Climb Time Indy

8750 Corporation Drive
16 minute drive / 7.72 miles away

SpaceQuest Planetarium

3000 N Meridian St
18 minute drive / 8.86 miles away

Benjamin Harrison House

1230 North Delaware Street
19 minute drive / 8.9 miles away

Waterstone Place Apartments has 5 parks within 10.3 miles, including Climb Time Indy, SpaceQuest Planetarium, Benjamin Harrison House, Garfirled Conservatory, and White River State Park.

Restaurants and Dining

Loon Lake Lodge

6880 E 82nd St
15 minute drive / 7.3 miles away

H20 Sushi

1912 Broad Ripple Avenue
17 minute drive / 8.37 miles away

Iaria's Italian Restaurant

317 South College Avenue
19 minute drive / 8.91 miles away

Shopping Centers

Heather Hills

2182 N Mitthoeffer Rd
2 minute drive / 0.85 miles away

Grassy Creek Commons

2915 N German Church Rd
3 minute drive / 1.01 miles away

Raintree Plaza

3702-3724 N Mitthoeffer Rd
3 minute drive / 1.02 miles away

Waterstone Place Apartments has 5 shopping centers within 1.3 miles.

Nearby Neighborhoods

Studio to 4 Bedroom Apartments from $699
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Studio to 4 Bedroom Apartments from $699
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Studio to 4 Bedroom Apartments from $699
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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

Nearby Apartments

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Viewing: Waterstone Place Apartments | Desktop Version | Listing Updated: 09/06/2025

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