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Updated 3 days ago

Waterstone Place Apartments


2755 Merlin Lake Drive Indianapolis, IN

1 - 3 Bed
•
1 - 5 Bath

686 - 1,072 Sq. Ft.

Available Now
Floor plans
1 Bed • 5 Bath
$963 - $1,058
710 ft2
2 Available
Managed By:
Updated over 1 month ago

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#10114D
$963+
Available Now
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#10184C
$963+
Available Now
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1 Bed • 1 Bath
$873 - $971
686 ft2
3 Available
Managed By:
Updated over 1 month ago

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#10160E
$873+
Available Now
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#10129D
$873+
Available Now
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#10130E
$873+
Available Now
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1 Bed • 5 Bath
$926 - $1,001
886 ft2
1 Available
Managed By:
Updated over 1 month ago

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#10119G
$926+
Available Now
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1 Bed • 1 Bath
$873
Size: N/A
1 Available
Managed By:
Updated over 1 month ago

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#10160A
$873
Available Now
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2 Beds • 1 Bath
$935 - $1,111
Size: N/A
6 Available
Managed By:
Updated over 1 month ago

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#10113D
$935+
Available Now
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#10159B
$935+
Available Now
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#10149E
$1,074+
Available Now
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#10174F
$935+
Available Now
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#10121B
$935+
Available Now
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#10150G
$935+
Available Now
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2 Beds • 1 Bath
$935 - $1,194
910 ft2
1 Available
Managed By:
Updated over 1 month ago

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#10130G
$935+
Available Now
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2 Beds • 2 Bath
$1,074 - $1,423
1072 ft2
2 Available
Managed By:
Updated over 1 month ago

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#10114F
$1,074+
Available Now
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#10180C
$1,074+
Available Now
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3 Beds • 1 Bath
$1,273 - $1,534
1006 ft2
1 Available
Managed By:
Updated over 1 month ago

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#10163G
$1,273+
Available Now
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Where you'll live
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Waterstone Place Apartments
Waterstone Place Apartments
Waterstone Place Apartments
Location ratings
Walk Score®
29
Car-Dependent
Amenities
On-site Laundry
Air Conditioning
Refrigerator
Garbage Disposal
Pool
Dishwasher
Balcony, Deck, Patio
Carpet
Range / Oven
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Pet Friendly Community
Pet Park
Breed Restrictions:

Restrictions: Pit Bulls, Rottweiler's, Chows, Dobermans.

Size Restrictions:

Up to 35lbs.

Number Limit:

Two pets per unit.

Pet Fee:

One time Fee $350.00.

Pet Rent:

Rent $35.00.

Parking
Covered Parking
Off-street Parking
Property details
Description

Located near I-70 and 465, these affordable, family-friendly, lake view apartments feature a bark park, swimming pool and playground. At Waterstone Place, shopping and restaurants are just minutes from your doorstep. All apartments are upgraded with new light fixtures, brand new cabinetry in the kitchen and bathroom in addition to spacious closets.

Additional Details
Total Unit Count: 1
Last Updated: Updated 3 days ago
Contact Number: (317) 897-0080
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Waterstone Place Apartments by bedroom type below.
1 Bedroom
Suggested income:
$32,800
per year
2 Bedroom
Suggested income:
$37,000
per year
3 Bedroom
Suggested income:
$45,800
per year
Rent report

Waterstone Place Apartments Rent vs. Indianapolis Average

 Waterstone Place Apartments      Indianapolis Average
1BR
$912
$1,032
$0
$350
$700
$1,050
$1,400
2BR
$1,028
$1,266
$0
$450
$900
$1,350
$1,800
3BR
$1,273
$1,559
$0
$550
$1,100
$1,650
$2,200

Waterstone Place Apartments is asking 12% less than the average 1 bedroom apartment in Indianapolis.

If you upsized to an average priced Indianapolis 2 bedroom apartment, you would pay 18% more per month.

If you downsized to an average priced Indianapolis studio apartment, you would pay 13% less per month.

Waterstone Place Apartments provides 5% more square footage than the average Indianapolis 1 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Waterstone Place Apartments
1BR $912 $1.30 $2,735
2BR $1,028 $1.00 $3,083
3BR $1,273 $1.30 $3,819
Indianapolis Average
Studio $911 $2.00 $2,733
1BR $1,032 $1.50 $3,096
2BR $1,266 $1.30 $3,798
3BR $1,559 $1.10 $4,676
4BR $1,820 $0.90 $5,461

Availability in Indianapolis

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 1,266 1BR units on the market in Indianapolis. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
9% 41% 35% 11% 3%
Available Units in Indianapolis
Studio 283
1BR 1,266
2BR 1,090
3BR 337
4BR 90
Location
Nearby Colleges

Ivy Tech Community College-Central Indiana

American College Of Education

Butler University

Purdue University Global

Nearby Hospitals
Name Distance
Options Behavioral Health System 4.39 mi.
Community Hospital East 4.83 mi.
Community Health Network Rehabilitation Hospital 6.79 mi.
Nearby Fire Stations
Name Distance
Mc Cordsville Volunteer Fire Department 6.91 mi.
Sugar Creek Township Fire Department 7.97 mi.
North Perry Volunteer Fire Department 9.04 mi.
FAQs
Is this property currently leasing units?
Yes. There are 17 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 17 units vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 686 to 1,072 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are 1, 2 and 3 bedroom units available.
How many bathrooms are in the available units?
There are 1, 2 and 5 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $873 to $1,534. Waterstone Place Apartments has 1 bedroom units available starting at $873, 2 bedroom units available starting at $935, and 3 bedroom units available starting at $1,273.
Where is this property located?
This property is at 2755 Merlin Lake Drive in Indianapolis, IN. It's 9.4 miles east from the center of Indianapolis.
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