$500 Off First Month's Rent! Apply Today! Move in by 5/16/25.
Pricing and Floor Plans
Two Bedroom Townhome
$1,470 - $2,787
2 Beds, 1.5 Baths
, 1,024 Sq. Ft.
Show Floor Plan Details
3 Rentals Available
Unit
Price
Sq. Ft.
Available
5730CR
$1,470
1,024 Sq. Ft.
Now
5716RW
$1,565
1,024 Sq. Ft.
5/22/25
5762RW
$1,495
1,024 Sq. Ft.
7/4/25
Three Bedroom Townhome
$1,740 - $3,621
3 Beds, 2.5 Baths
, Sq. Ft.
Show Floor Plan Details
10 Rentals Available
Unit
Price
Sq. Ft.
Available
5752RW
$1,795
1,271 Sq. Ft.
Now
5749RW
$1,790
1,271 Sq. Ft.
Now
5748RW
$1,810
1,271 Sq. Ft.
5/31/25
* 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. * Square footage definitions vary. Displayed square footage is approximate.
* 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. * Square footage definitions vary. Displayed square footage is approximate.
* 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. * Square footage definitions vary. Displayed square footage is approximate.
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Restaurants
Groceries
Coffee
Banks
Shopping
Fitness
Points of Interest
Details
Property Information
Built in 1979
120 units / 2 stories
Fees and Policies
The fees below are based on community-supplied data and may exclude additional fees and utilities.
Monthly Utilities & Services
Amenity Fee
$65
One-Time Move-In Fees
Administrative Fee
$175
Application Fee
$60
Cats Allowed
Monthly Pet Rent
$25
One Time Fee
$250
Pet Deposit
$0
Pet Limit
2
Dogs Allowed
Monthly Pet Rent
$25
One Time Fee
$250
Pet Deposit
$0
Pet Limit
2
Restrictions
Breed Restrictions Apply
Parking
Covered
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Property Highlights
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.
Black Appliances
Corner Apartment
Non-Smoking Community
Vinyl Plank Flooring
BBQ/Picnic Area
Espresso Cabinets
Modern White Cabinets
Stackable Washer and Dryer
Washer & Dryer
Washer & Dryer in Home
Amazon HUB
Patio/Balcony
Air Conditioner
Side-by-Side Washer and Dryer
Extra Patio
Private Entrance
Walk-In Closet
Maple Cabinets
Pet Friendly
Steps from Town Run Trail Park
Tile Backsplash
Apartment Features
Air Conditioning
Balcony
Breakfast Nook
Cable Ready
Den
Dishwasher
Fireplace
Granite Countertops
Microwave
Patio
Refrigerator
Stainless Steel Appliances
Walk-In Closets
Washer/Dryer
Washer/Dryer Hookup
Window Coverings
Community Features
Business Center
Clubhouse
Dog Park
Fitness Center
Grill
Picnic Area
Playground
Pool
Sundeck
Walk-Up
Walking/Biking Trails
Area Scores
Somewhat Walkable
Walk Score®
62
Out of 100
Bikeable
Bike Score®
56
Out of 100
Active
Soundscore™
69
Out of 100
Transit
Airport
Indianapolis International
46 min Drive
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.
Property Details
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.
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 Indianapolis, IN in the 46250 zip code.
Contact
Property Address: 5830 River Wood Dr, Indianapolis, IN 46250
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
7 People Found This Helpful
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12/3/18
Do not move here (2018 Review)
1. 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 trouble
Review from Apartments.com
7 People Found This Helpful
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Property Manager at The Preserve on Allisonville Townhomes responded to this review
Hello,
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.?
8/11/15
Riverwood apartment homes
We 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 ;)
Review from Apartments.com
12 People Found This Helpful
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Property Manager at The Preserve on Allisonville Townhomes responded to this review
Thank you for taking the time to review Riverwood! We're always glad to hear about our resident's time in the community, and we very much appreciate you taking a moment to leave a comment. We'll be sure to pass your compliments along to our team! As... always, if you have any concerns or further comments, please feel free to reach out to us in the office, let's talk about what can we do to improve the conditions in your current townhome - we would love to hear from you. Thanks again for the review!
8/8/15
Its been a while since I've lived here.
I 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
6 People Found This Helpful
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8/8/15
Riverwood
Not badly priced but not the best place to live. Layout is weird doesn't flow well.
Review from Apartments.com
4 People Found This Helpful
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