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16342 Indian Mound Rd, Norwood, NC, 28128

4beds
3baths
2,782sqft
$925,000
$332price/sqft
$5,801/moest. monthly cost
$232,040/yrincome needed

About This Home

3 bedroom and 2 full baths on main level, 4th bedroom and another full bath in basement. Home boasts a huge downstairs with a second living room and kitchenette. Large almost level lot with fenced back yard, boathouse with two boat lifts. Rear work shop. Large rear deck with screened in porch and covered area underneath at walk out basement. Good water at end of dock 5.5-6' deep at normal water level. Call/text or email for more info. **Not interested in working with sellers agents at this time**

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
14
BikeSomewhat Bikeable

Schools

6/10
6/10
5/10
South Stanly High SchoolGrades 9-123.6 mi

Construction

Condition

  • Year built: 2000

Materials

  • Foundation: Masonry
  • Roof: Asphalt
  • Construction materials: brick

Type & Style

  • Home type: SingleFamily

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Range / Oven,Refrigerator,Washer
  • Laundry features: Main Level

Basement

  • Basement: Finished

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Ceiling Fan(s),Pantry,Walk-In Closet(s),Wired for Data,Cable Available
  • Flooring: Carpet,Hardwood,Linoleum / Vinyl
  • Fireplace features: Family Room
  • Fireplace: Yes
  • Finished area below ground: 524

Heating & Cooling

  • Heating features: Forced air,Gas
  • Cooling features: Central

Interior Area

  • Total interior livable area: 2,782 sqft

Property

Details

  • Parcel number: 656504631763
  • Zoning: R-20
  • Special condition: Standard

Features

  • Exterior features: Brick
  • Fencing: Fenced Yard
  • Has view: Yes
  • View description: Water
  • Has water view: Yes
  • Water view: Water
  • On waterfront: Yes
  • Waterfront features: Boat Slip,Boat House,Boat Lift
  • Waterbody name: Lake Tillery
  • Frontage type: Waterfront

Lot

  • Lot size: 0.89 Acres

Parking

  • Total spaces: 2
  • Parking features: Garage - Attached

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Ice Storm
Strong Wind
Tornado

FEMA Declared Disasters in Stanly County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,677$56,124
Home Insurance *$406$4,872
Property Taxes $459$5,508
Electricity $259$3,109
Total$5,801$69,612
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$198,891/yr
40% on housing$174,030/yr
45% on housing$154,693/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.6%
8.6%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$332This listing

vs Other Active Listings

Avg $/sqft

ZIP 28128$322
Stanly County$177

vs Homes Sold Last Month

Median $/sqft

ZIP 28128$209
Stanly County$187

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-15Listed for sale$975,000
2020-03-25Sold$530,000
2019-11-22Price change$599,000
2019-10-30Price change$609,000
2019-09-19Price change$649,899
2019-09-01Price change$649,900
2019-06-01Listed for sale$679,000
2016-07-01Sold$479,000
2016-06-02Pending sale$488,900
2016-05-21Price change$488,900
2016-04-20Price change$494,900
2015-12-14Listed for sale$498,900
2015-06-03Listing removed$589,000
2015-04-09Listed for sale$589,000
2014-12-25Listing removed$550,000
2014-09-26Listed for sale$550,000
2005-03-09Sold$387,500

For Sale by Owner

AgentProperty Owner

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