Base rent $903 - $2,077
Beds 1-3 Beds
Baths 1-2

Waterstone Place Apartments

2755 Merlin Lake Dr, Indianapolis, IN

Floor plans

Updated today
This listing displays base rent, which is the rent provided by the property and may not include recurring monthly fees and costs. Contact the property for more information. It does not include application fees, variable costs, and optional charges such as application fees, utility costs, pet charges, etc.
3D tour
2 Bedroom 1 Bath 910 Sq. Ft 3D Floor Plan at Waterstone Place Apartments, Indiana, 46229
Two Bedroom, One Bath
2 Beds / 1 Bath / 910 Sqft
$1,100 - $1,414
Rent specials
Unit Base rent Availability
10129A $1,100 - $1,414 Now
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10163C $1,100 - $1,414 Now
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3D tour
1 Bedroom 1 Bath 686 Sq. Ft 3D Floor Plan at Waterstone Place Apartments, Indianapolis, Indiana
One Bedroom, One Bath
1 Bed / 1 Bath / 686 Sqft
$903 - $1,164
Rent specials
Unit Base rent Availability
10129C $903 - $1,164 May 1
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2760C $903 - $1,164 May 14
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3D tour
1 Bedroom, 1 Bath 793 Sq. Ft Plus Den 3D Floor Plan at Waterstone Place Apartments, Indianapolis
One Bedroom, One Bath Plus Den
1 Bed / 1 Bath / 793 Sqft
$1,853 - $2,077
Rent specials
Unit Base rent Availability
10134H $1,853 - $2,077 Jul 1
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3D tour
2 Bedroom 1 Bath 993 Sq. Ft Plus Den 3D Floor Plan at Waterstone Place Apartments, Indianapolis, IN, 46229
Two Bedroom, One Bath Plus Den
2 Beds / 1 Bath / 993 Sqft
$1,100 - $1,370
Rent specials
Unit Base rent Availability
10130H $1,100 - $1,370 Jul 1
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3D tour
2 Bedroom 2 Bath 1,072 Sq. Ft 3D Floor Plan at Waterstone Place Apartments, Indianapolis, IN
Two Bedroom, Two Bath
2 Beds / 2 Baths / 1,072 - 1,160 Sqft
$1,215 - $1,503
Rent specials
Unit Base rent Availability
10184F $1,215 - $1,503 May 29
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10119A $1,215 - $1,503 Jun 2
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3D tour
1 Bedroom 1.5 Bath 710 Sq. Ft.3D Floor Plan at Waterstone Place Apartments, Indiana
One Bedroom, 1.5 Bath
1 Bed / 1.5 Baths / 710 Sqft
Ask for pricing
Rent specials

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3D tour
1 Bedroom 1.5 Baths 886 Sq. Ft. Plus Den 3D Floor Plan at Waterstone Place Apartments, Indianapolis, 46229
One Bedroom, 1.5 Baths Plus Den
1 Bed / 1.5 Baths / 886 Sqft
Ask for pricing

Check for available units

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3 Bedroom 1 Bath 1,006 Sq. Ft. 3D Floor Plan at Waterstone Place Apartments, Indiana, 46229
Three Bedroom, One Bath
3 Beds / 1 Bath / 1,006 Sqft
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Policies

Application fees $40

There may be additional unit-specific fees. Please select a unit and move-in date here.

One-time pet fees $350

Monthly pet rent $35

Pet limit 2 allowed.

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One-time pet fees $350

Monthly pet rent $35

Max weight 35 lb each. Pet limit 2 allowed. Pit Bulls, Rottweiler's, Chows, Dobermans.

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We welcome your companions at Waterstone Place! We allow up to 2 pets per apartment with a maximum weight of 50 lbs per pet. Pet fees include a $350 one-time pet fee, plus monthly rent of $35. Please reach out to us for breed restrictions. View more

The fees are estimates and actual amounts may vary. Pricing and availability are subject to change. For details, contact the property.

Rent specials

One Lucky Household. One Full Year of Free Rent, households must be in good standing with a zero balance by July 25, 2026. Offers vary by floor plan.

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Amenities

Apartment amenities

  • Patio/Balcony
  • Large Closets
  • Air Conditioner
  • Carpeting
  • Dishwasher
  • Disposal
  • Refrigerator
  • Window Coverings
  • Cable Ready

Community amenities

  • Pool
  • Private Lake
  • Playground
  • Bark Park
  • Laundry Facility
  • Covered Carports for Rent
  • Valet Trash
  • On the Bus Line
  • On-Site Management
  • On-Site Maintenance
Pure Pampering in Far Eastside, Indianapolis — Just for You At our pet-friendly apartments in Indianapolis, Indiana, we support your dynamic lifestyle while making sure you are entertained. Take a few laps in our swimming pool or spend some active quality time with your friends and neighbors at the picnic area. Our community will charm you with its private lake, which is perfect for strolling and exercising. Let your furry friends stretch their legs and do zoomies in our dog park. When chores need to get done, our laundry facilities can make those days easier. As for the younger residents, they will love spending time at our playground. When you’re ready to wrap up the day, enter your one, two, or three-bedroom home and know you have everything you need to feel at ease. Escape hot summer days and turn on the air conditioning to cool down. Have a relaxing evening in your patio and balcony and take in the green views. When you feel like socializing, invite some friends over and host a fun evening in your spacious living area. There are few places where life is as carefree as in our modern Far Eastside, Indianapolis apartments. Don’t take our word for it, schedule a private tour and see for yourself!

Services

We prioritize your convenience with Renter Essentials that help you move in easily and live comfortably at Waterstone Place Apartments.

  • Renters insurance

3D tours

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Ratings and reviews

4.5 Fabulous
43 Reviews
Parking 4.0
Amenities 4.0
Maintenance 4.5
Staff 4.5
Value 4.5
Location 4.5
Noise 4.0
N/a Verified Resident
Apr 2, 2026

Wish landlord listens to residents at times of need. Maintenance is cool but can be intimidating at times.

Jose O. Verified Resident
Mar 4, 2026

For now, I like being here; it's a nice apartment complex.

Stacy B. Verified Resident
Dec 4, 2025

Nice experience staff more then welcoming

Michael W. Verified Resident
Oct 5, 2025

Very good,nice place not broken down.Clean

Lysias M. Verified Resident
Oct 2, 2025

For my first experience with Waterstone i have %70 of satisfaction

Guy B. Verified Resident
Sep 1, 2025

There’s a noise under my apartment that I can’t dwell with


Building details

12 buildings in the community 192 apartments in the community 2 stories per building Building constructed in 1974

Property description

Tucked away among the lush greenery of suburban Warren in Indianapolis, 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...
Tucked away among the lush greenery of suburban Warren in Indianapolis, 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 Side, Indianapolis!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 in Indianapolis. Call us today!
Wondering What Makes Our East Side Apartments in Indianapolis Unforgettable? Preparing your meals will be a breeze in our spacious kitchens featuring dishwashers and refrigerators. Whether you are looking for 1 bedroom with den apartments in Indianapolis Eastside or larger two and three-bedroom layouts, our homes are designed with your needs in mind. In select units, hard vinyl floors add a touch of style. Enjoy your meals in the dining area big enough to host a gathering of friends. Sit out in your patio or balcony after a long day and enjoy the soothing views. Storing your belongings is made easy with large closets. Air-conditioning, carpeting, updated interiors and exteriors, and even window coverings will ensure your comfort. Should any problem arise, on-site management and maintenance are ready to sort it out for you. Our East Side apartments in Indianapolis also impress with a premier set of community amenities. Dip into the pool during summertime or show of your grilling skills at the picnic area while hosting friends. Let your furry friends run loose and socialize in the dog park. In the meantime, younger residents will make new friends at the playground. We also have a private lake, perfect for a stroll under the clear blue sky. Whatever you decide to do, you can do it at Waterstone Place Apartments. Come see it in person today or apply online. Choose your unit and let us know when you can visit our apartments.

Neighborhood

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2755 Merlin Lake Dr, Indianapolis, IN 46229
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Contact information

Property managed by: Zidan Management Group, Inc.
Zidan Management Group, Inc. Company

Call leasing office: (844) 924-3878

Property office hours:
Today 9:00AM-5:00PM
  • Monday 9:00AM-5:00PM
  • Tuesday 9:00AM-5:00PM
  • Wednesday 9:00AM-5:00PM
  • Thursday 9:00AM-5:00PM
  • Friday 9:00AM-5:00PM

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Frequently asked questions

When were prices and availability for this property last updated?

Prices and availability for this property were last updated Today.

What floorplans are available?

The following floorplans are available: 1-bedroom apartments from $903 and 2-bedrooms apartments from $1,100.

What are the most popular nearby apartments?

The most popular nearby apartments are: Waterstone Place Apartments, 7 Pointe Apartments, CityView on Meridian and 220 Meridian.

What neighborhood is Waterstone Place Apartments in?

Waterstone Place Apartments is located in the Far Eastside Indianapolis neighborhood.

What are the business hours?

The business hours are:

  • Monday 9:00AM-5:00PM
  • Tuesday 9:00AM-5:00PM
  • Wednesday 9:00AM-5:00PM
  • Thursday 9:00AM-5:00PM
  • Friday 9:00AM-5:00PM