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16292 Norwood Ln, Goshen, IN, 46526

4beds
4baths
4,374sqft
$574,000
$131price/sqft
$3,945/moest. monthly cost
$157,800/yrincome needed

About This Home

Experience exceptional quality and craftsmanship in this custom-built Schrock home offering 4 bedrooms, 3.5 bathrooms, and an incredible blend of luxury, comfort, and functionality. Nestled on a picturesque lot backing to protected wetlands, you’ll enjoy breathtaking views and abundant wildlife right from your backyard oasis. The thoughtfully designed main level features a spacious living room with a cozy gas fireplace, a beautiful kitchen with granite countertops, and a desirable split-bedroom floor plan. Two guest bedrooms share a convenient Jack-and-Jill bathroom, while the private primary suite offers a peaceful retreat. The finished lower level is ideal for entertaining or multi-generational living, complete with a second gas fireplace, a large family room, kitchenette, additional bedroom and full bath, plus ample space for recreation and gatherings. A separate stairway from the garage provides direct access to the basement, creating excellent flexibility and convenience. Step outside to your private backyard retreat featuring an all-sports pool, expansive patio space, and serene wetland views that provide both privacy and a constantly changing natural backdrop. With its premium construction, spacious layout, and resort-style outdoor amenities, this home offers a rare opportunity to enjoy luxury living in a truly remarkable setting.

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
29
BikeSomewhat Bikeable

Schools

9/10
Benton Elementary SchoolGrades K-60.9 mi
7/10

Construction

Condition

  • Year built: 2007

Materials

  • Construction materials: Stone,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Refrigerator,Washer,Dryer-Gas,Gas Oven,Gas Water Heater,Water Softener Owned,Wine Cooler

Basement

  • Has basement: Yes
  • Basement: Full,Walk-Out Access

Bedroom1

  • Level: Main

Bedroom2

  • Level: Lower

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1
  • Main level bedrooms: 1

Features

  • Number of fireplaces: 2
  • Fireplace features: Family Room,Living Room,Gas Starter
  • Fireplace: Yes
  • Finished area below ground: 1,908
  • Finished area above ground: 2,466

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 4,932
  • Total interior livable area: 4,374 sqft

Property

Details

  • Parcel number: 201501402005.000018
  • Other equipment: Pool Equipment

Features

  • Levels: One
  • Stories: 1
  • On waterfront: Yes
  • Waterfront features: None,Pond

Lot

  • Lot size: 0.68 Acres
  • Features: Cul-De-Sac,Few Trees

Parking

  • Total spaces: 3
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

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

  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Hail
Strong Wind
Tornado
Inland Flooding
Lightning
Winter Weather

FEMA Declared Disasters Across Indiana Counties

Flood
Snowstorm

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 $2,902$34,824
Home Insurance *$273$3,276
Property Taxes $370$4,440
Electricity $400$4,811
Total$3,945$47,340
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$135,257/yr
40% on housing$118,350/yr
45% on housing$105,200/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

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: 8.5%
8.5%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 4.6%
4.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$131This listing

vs Other Active Listings

Avg $/sqft

ZIP 46526$146
Elkhart County$145

vs Homes Sold Last Month

Median $/sqft

ZIP 46526$140
Elkhart County$136

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)

No zestimate history available

Price History

DateEventPrice
2026-08-05Pending sale$574,000
2026-07-14Contingent$574,000
2026-07-02Listed for sale$574,000

For Sale by Agent

AgentAshley Lambright
BrokerageBerkshire Hathaway HomeServices Elkhart

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