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Woodlake of Indianapolis

7401 Merganser Dr, Indianapolis, IN 46260 - Marion County

Townhouse

1-3 beds

1-1.5 baths

About 7401 Merganser Dr

Woodlake Apartment and Townhomes is located on the Northside of Indianapolis, Indiana. At Woodlake, you can relax and enjoy country living in the city with meticulous landscaping, an abundance of mature trees and large private lakes. Attention to detail combined with spacious one, two and three bedroom apartment homes make Woodlake a perfect choice that you will be proud to call home. We are located in the highly rated Washington Township School district with quick access to shopping, entertainment and dining in the Broad Ripple and Nora areas, just minutes from downtown Indianapolis.This community is managed by the Gene B. Glick Company. Clubhouse, On-site laundry, Parking, Playground, Pool, Package receiving, Sauna, Tennis court, Cats allowed, Dogs allowed, Gym, Pet friendly, Carport, Dog park, E-payments, Hot tub & Internet access.

RentalSource last checked: April 14, 2026 · 6:00 AM ET

Managed by: Woodlake of Indianapolis

Listing data quality - We review listings daily to detect outdated, duplicate, or misleading information.

Property Summary

Property Type:	Townhouse
Rental Fee:	$980 - $1,615
Bedrooms:	1-3 beds
Bathrooms:	1-1.5 baths

Size:	Inquire
Pet Friendly:	Yes
Listing Status:	Active
ID:	70487439

Property Amenities

• High-Speed Internet

• Pet Friendly

Community Features

• Clubhouse

• Fitness Center

• Spa/Jacuzzi

• Laundry Facilities

• Pool

• Playground/Park

• Parking

• Tennis Court

Unit Rates

Name	Beds	Baths	Sqft	Rent
1 Bed	1	1	-	$980
2 Beds	2	1	-	$1,345 - $1,355
2 Beds	2	1.5	-	$1,615
3 Beds	3	1.5	-	$1,585 - $1,600

Leasing Information

Pet deposit: $150 per pet. Pet fee: $150 per pet. Pet limit: 2 pets maximum. Pet rent: $20/month per pet. Pet restrictions: Aggressive Breeds.

Additional Details

Townhouses for rent in Indianapolis for $980-$1,615 with 1-3 beds, 1-1.5 baths, pet friendly and located within Woodlake of Indianapolis at 7401 Merganser Dr in Indianapolis, IN 46260. The averaged rental price of $1,298 is 6.5% ($79) higher than the average rent of $1,219 for townhouses in Indianapolis, IN and 6.7% ($81) higher than the average rent of $1,217 for townhouses in Marion County. This townhouse is in the M S D Washington Township School District and the nearest schools are Greenbriar Elementary School, Westlane Middle School and Broad Ripple Magnet High School for the Arts & Humanities (9-12). Woodlake of Indianapolis was advertised by Woodlake of Indianapolis 6+ months ago and last updated on April 14, 2026 at 6:00 AM ET.

Affordability Calculator

Can I afford to live at 7401 Merganser Dr?

Bedrooms

1 bedroom

Rent-to-income ratio

30%

10% Recommended 50%

Move the slider to select the percentage of your monthly income you're comfortable spending on rent. Typically, it's advised to spend about 30% or less on housing.

Recommended income

$39,200 /year

With your chosen rent-to-income ratio, an annual income of $39,200 is recommended to comfortably afford this 1-bedroom rental priced at $980 per month.

For more information on rent affordability, visit our rent calculator or rent vs. buy calculator.

Townhouse for rent

$980 - $1,615

Rent Affordability Calculator

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Property managed by:

Woodlake of Indianapolis

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