The Preserve on Allisonville Townhomes

5830 River Wood Dr, Indianapolis, IN 46250

Last Updated: 1 Day Ago
(5)

Managed By

The Preserve on Allisonville Townhomes
Monthly Rent
$1,450 - $1,685
View Fees and Policies
Bedrooms
2 - 3
Bathrooms
1.5 - 2.5
Sq. Ft.
1,024 - 1,271 sq ft

Rent Specials

$750 Off First Month's Rent! The perfect way to kick off cozy fall living! Apply today! A $750 rent credit will be applied to the first full month’s rent on new leases of 10 months or longer. To qualify, applicants must apply on or after 9/22/26 and move in by 10/17/26. Offer is subject to approval and may be modified or discontinued at any time.

Pricing and Floor Plans

Two Bedroom Townhome

$1,450 - $1,500
2 Beds, 1.5 Baths
1,024 Sq. Ft.
Show Floor Plan Details
3 Available Units
Unit
Price
Sq. Ft.
Available
5759RW
$1,450
1,024
Now
5755AV
$1,495
1,024
Now
5801RW
$1,500
1,024
Oct. 2

Three Bedroom Townhome

$1,685
3 Beds, 2.5 Baths
Show Floor Plan Details
2 Available Units
Unit
Price
Sq. Ft.
Available
5813RW
$1,685
1,271
Now
5815RW
$1,685
1,271
Oct. 2
* 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. Price, availability, fees, and any applicable rent special are subject to change without notice. * Square footage definitions vary. Displayed square footage is approximate.

Property Map

Select a unit to view pricing and availability

Details

Property Information

  • Built in 1979
  • 120 units2 stories

Fees & Policies

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

Utilities & Essentials

  • Amenity Fee
    $65 / mo

One-Time Basics

Due at Application

  • Application Fee Per Applicant
    $60

Due at Move-In

  • Administrative Fee
    $175
  • Deposit
    $250

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.

Matterport 3D Tours

Explore Commute Options

Drive Time
Walk Time
Bike Ride Time
Public Transit

Property Highlights

  • Air Conditioner
  • Amazon HUB
  • BBQ/Picnic Area
  • Black Appliances
  • Corner Apartment
  • Electric Fireplace
  • 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

Apartment Features

  • Air Conditioning
  • Balcony
  • Breakfast Nook
  • Cable Ready
  • Den
  • Dishwasher
  • Fireplace
  • Granite Countertops
  • Microwave
  • Patio

Community Features

  • Business Center
  • Clubhouse
  • Dog Park
  • Fitness Center
  • Grill
  • Picnic Area
  • Playground
  • Pool
  • Sundeck
  • Walk-Up

Map of The Preserve on Allisonville Townhomes

Area Scores

Walkability

Moderately walkable

Driveability

Exceptionally drivable

Bikeability

Fairly bikeable

Scores provided by

Soundscore

Active

Scores provided by

Transit

Airport

Indianapolis International

46 min Drive

IND

Moving to Castleton, Indianapolis, IN

Shopping Centers

Shoppers will appreciate The Preserve on Allisonville Townhomes proximity to Sycamore Shoppes, 96th Street Station, and Riverplace Shops. Sycamore Shoppes is 0.7 miles away, and 96th Street Station is within a 4 minute walk.

Parks and Recreation

Recreational activities near The Preserve on Allisonville Townhomes are plentiful. Discover 5 parks within 4 miles, including William S. Sahm Park, Fishers Heritage Park, and Wapihani Nature Preserve.

Airports

Living in Castleton provides easy access to Indianapolis International, located just 46 minutes from The Preserve on Allisonville Townhomes.

Local Education

Primary and Secondary Schools

GreatSchools rating: 5 out of 10

Mary Evelyn Castle Elementary School

Grades K-5

Public

Not rated

Early Learning Center

Grades PK-5

Public

Not rated

Kinder Care Learning Center #1488

Grades PK-5

Private

GreatSchools rating: 9 out of 10

Forest Dale Elementary School

Grades PK-5

Public

GreatSchools rating: 3 out of 10

Belzer Middle School

Grades 6-8

Public

GreatSchools rating: 4 out of 10

Lawrence Central High School

Grades 9-12

Public

Not rated

Heritage Christian School

Grades PK-12

Private

Data provided by GreatSchools.org © 2026. All rights reserved.

GreatSchools

Colleges and Universities

School Commute Time (Distance)
Butler University Drive: 19 min (9.4 mi)
Ivy Tech Community College Drive: 19 min (10.2 mi)
IU - School of Medicine Drive: 22 min (11.5 mi)
Marian Univ., Indianapolis Drive: 23 min (12.1 mi)

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 an apartment community in Indianapolis, IN

Contact

Property Address:
5830 River Wood Dr,
Indianapolis, IN 46250
Phone Number: (463) 240-1933
More Information:
View Property Website
Office Hours
  • Sunday Closed
  • Monday 10:00 AM – 6:00 PM
  • Tuesday 10:00 AM – 6:00 PM
  • Wednesday 10:00 AM – 6:00 PM
  • Thursday 10:00 AM – 6:00 PM
  • Friday 10:00 AM – 6:00 PM
  • Saturday Closed
The Preserve on Allisonville Townhomes

Renter Reviews

For The Preserve on Allisonville Townhomes

2.2

5 Ratings & Reviews

  • 2/12/20

    Worst Place I have ever lived

    This 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

    8 People Found This Helpful

Nearby Properties You Might Like

Within 50 Miles of The Preserve on Allisonville Townhomes

Contact This Property

(463) 240-1933
Tour Options: In-Person

Languages: English

Open 10:00 AM – 6:00 PM Today

View All Hours