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The Preserve on Allisonville Townhomes
- 2–3 Bedrooms
- $1,430–$3,803Rent Pricing
- 1,024–1,271Square Feet
Rent Specials
$500 Off First Month's Rent! Apply Today! Move in by 5/16/25.
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 NowModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft Deposit View Details $1,430 Available Now 5730CR 1024 $250 $1,440 May 2, 2025 5803AV 1024 $250 $1,530 May 22, 2025 5716RW 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 - $2,750
Rent Pricing
- $1,430 - $2,737
Unit 5730CR Amenities and Features
Kitchen
- Granite Countertops
- Microwave
- Stainless Steel Appliances
Unique Features
- Modern White Cabinets
- Tile Backsplash
- Vinyl Plank Flooring
- Washer & Dryer
Unit 5730CR Rent and Fees
Price
- From $1,430
Deposit
- $250 deposit
Model Rent and Fees
Price
- $1,430 - $2,750
Unit 5803AV Amenities and Features
Kitchen
- Granite Countertops
- Microwave
- Stainless Steel Appliances
Unique Features
- Modern White Cabinets
- Tile Backsplash
- Vinyl Plank Flooring
- Washer & Dryer
Unit 5803AV Rent and Fees
Price
- From $1,440
Deposit
- $250 deposit
Model Rent and Fees
Price
- $1,430 - $2,750
Unit 5716RW 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 5716RW Rent and Fees
Price
- From $1,530
Deposit
- $250 deposit
Model Rent and Fees
Price
- $1,430 - $2,750
Apartment Model: Two Bedroom TownhomeFrom $1,4302 Bedroom, 1.5 Bath, 1024 sq ftAvailable Now![]()
Two Bedroom Townhome - Floorplan 1 ![]()
Two Bedroom Townhome - Floorplan 2 Apartment Unit: 5730CRApartment Model: Two Bedroom TownhomeFrom $1,4302 Bedroom, 1.5 Bath, 1024 sq ftAvailable NowApartment Unit: 5803AVApartment Model: Two Bedroom TownhomeFrom $1,4402 Bedroom, 1.5 Bath, 1024 sq ftAvailable May 2, 2025Apartment Unit: 5716RWApartment Model: Two Bedroom TownhomeFrom $1,5302 Bedroom, 1.5 Bath, 1024 sq ftAvailable May 22, 20253 Bedrooms
From $1,640
Three Bedroom Townhome
3 Beds, 2.5 BathsAvailable NowModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft Deposit View Details $1,640 Available Now 9441TV 1271 $250 $1,820 May 31, 2025 5748RW 1271 $250 $1,755 June 5, 2025 5722CR 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
- $1,640 - $3,803
Rent Pricing
- $1,640 - $3,223
Unit 9441TV Amenities and Features
Features
- Fireplace
Kitchen
- Stainless Steel Appliances
Unique Features
- Espresso Cabinets
- Side-by-Side Washer and Dryer
Unit 9441TV Rent and Fees
Price
- From $1,640
Deposit
- $250 deposit
Model Rent and Fees
Price
- $1,640 - $3,803
Unit 5748RW Amenities and Features
Kitchen
- Dishwasher
- Granite Countertops
- Microwave
- Stainless Steel Appliances
Unique Features
- Modern White Cabinets
- Tile Backsplash
- Vinyl Plank Flooring
- Washer & Dryer
Unit 5748RW Rent and Fees
Price
- From $1,820
Deposit
- $250 deposit
Model Rent and Fees
Price
- $1,640 - $3,803
Unit 5722CR Amenities and Features
Kitchen
- Granite Countertops
- Microwave
- Stainless Steel Appliances
Unique Features
- Modern White Cabinets
- Tile Backsplash
- Vinyl Plank Flooring
- Washer & Dryer
Unit 5722CR Rent and Fees
Price
- From $1,755
Deposit
- $250 deposit
Model Rent and Fees
Price
- $1,640 - $3,803
Apartment Model: Three Bedroom TownhomeFrom $1,6403 Bedroom, 2.5 Bath, sq ftAvailable Now![]()
Three Bedroom Townhome - Floorplan 1 ![]()
Three Bedroom Townhome - Floorplan 2 Apartment Unit: 9441TVApartment Model: Three Bedroom TownhomeFrom $1,6403 Bedroom, 2.5 Bath, 1271 sq ftAvailable NowApartment Unit: 5748RWApartment Model: Three Bedroom TownhomeFrom $1,8203 Bedroom, 2.5 Bath, 1271 sq ftAvailable May 31, 2025Apartment Unit: 5722CRApartment Model: Three Bedroom TownhomeFrom $1,7553 Bedroom, 2.5 Bath, 1271 sq ftAvailable June 5, 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
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
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 $3,803
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
Are there any rent specials?
The current rent special at The Preserve on Allisonville Townhomes is: $500 Off First Month's Rent! Apply Today! Move in by 5/16/25..
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
8102 Clearvista Parkway
4 minute drive / 2.02 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 | $1,229 | $585 | $6,201 |
| Indianapolis 1 Bedroom Apartments | $1,413 | $280 | $9,501 |
| Indianapolis 2 Bedroom Apartments | $1,707 | $700 | $9,733 |
| Indianapolis 3 Bedroom Apartments | $1,984 | $930 | $5,624 |
| Indianapolis 4 Bedroom Apartments | $1,971 | $700 | $4,140 |
| Indianapolis 5 Bedroom Apartments | $4,953 | $2,360 | $10,000+ |
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Viewing: The Preserve on Allisonville Townhomes | Desktop Version | Listing Updated: 04/27/2025 | AHLPLA