116 Lake Ave, Ithaca, NY 14850 Property Records

Tompkins County and Ithaca City property record for 116 Lake Ave, Ithaca, NY 14850 · Last verified May 2026

Property Summary

Property Type	Single Family Home
Details	4 bd · 1.5 ba · 2,101 sqft · built 1860
Lot Size	0.201 acres (8,778 sqft)
Owner	2 Individual Names on File
Last Sale	$279,000 (May 2013)
Tax Bill	$13,231 (2025)
Deeds & Mortgages	Apr 2019 Mortgage
Flood Zone	Zone X (moderate risk)
APN	`500700 45.-4-8`

Property Details

APN / Parcel Number

Primary APN	`500700 45.-4-8`
Alternative APN	`070004500000040080000000`

Interior

Bedrooms	4 Beds
Full Baths	1.5 Baths
Half Baths	1 Half Bath
Stories	2 Stories
Building Area	2,101 sqft Living Area
1st Floor Area	1,434 sqft
2nd Floor Area	667 sqft

Exterior

Year Built	Built 1860
Effective Year Built	Effective 1860
Architectural Style	Traditional
Exterior Material	Wood
Lot Area	8,778 sqft (0.201 acres)
Lot Dimensions	133 ft deep x 66 ft wide
Garage Type	Detached
Garage Area	924 sqft
Parking Spaces	4 Parking Spaces
Porch	Slab
Porch Area	147 sqft

Utilities, Heating & Cooling

Heating System	Forced Air with A/C
Heating Fuel	Gas
Sewer	Municipal
Water Source	Commercial

Location & Zoning

Street Address	116 LAKE AVE
City	ITHACA
State	NY
Zip	14850-3537
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Block	4
Legal Lot Number	8.000
Jurisdiction	TOMPKINS NY
Township / Civil Division	ITHACA
Census Block Group	1
Census Block	1056
Census Tract	800

Owner

Source: Tompkins County and Ithaca City records · APN 500700 45.-4-8

Assessment roll updated May 14, 2026 · Last verified May 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	2 Individual Names on File
Mailing Address	116 LAKE AVE, ITHACA, NY 14850-3537
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	2 Verified Names on Deed
Last Sale	May 01, 2013 · Amount on Record
Deed Sale	May 01, 2013 · Amount on Record
Deed Book / Page	2013 / 5690
Record Updated	Jun 08, 2026

April 2019: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	TOMPKINS NY
Property Address	116 LAKE AVE, ITHACA, NY 14850-3537
Document Number	0000005205
Instrument Date	Apr 25, 2019
Transaction Type	Mortgage
Record Updated	Aug 20, 2019
Title Company	NOT AVAILABLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	116 LAKE AVE ITHACA NY 148503537, ITHACA, NY 14850-3537

Mortgage

Document Number	0000005205
Date	May 17, 2019
Instrument	5205

Lender

Name	ELMIRA SVGS BK
Type	Federal Savings Bank
Address	ELMIRA, NY 14901

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded

Tax Assessment & Valuation

Source: Tompkins County and Ithaca City records · Assessment roll updated May 14, 2026 · Last verified May 2026

Property Jurisdictions

Type	Name
State	New York
County	Tompkins County
Municipality	Ithaca City
Unified School District	Ithaca City School District (PK - 12)

Tax Bill & Assessment History

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$13,231.00	$410,000 (+6.49%) Land $53,300 Building $356,700	$410,000 (+6.49%) Land $53,300 Building $356,700
2023	Homeowner's exemption	$385,000 Land $53,300 Building $331,700	$385,000 Land $53,300 Building $331,700

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Tompkins County (36109C), updated June 17, 2025 · FEMA OpenFEMA NFIP redacted claims and policies, census block group 361090008001, refreshed September 2026 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood Zone	Zone X
Special Flood Hazard Area	No
Flood Hazard	Moderate 1% annual chance, depth under 1 ft
500-Year Floodplain	No
Nearest Special Flood Hazard Area	Zone AE, within 500 ft
Flood Insurance Cost	Premium on Record median of 50 individual NFIP policies nearby
Nearby Flood Policies	50 in force 25 of 50 on primary residences
Nearby Flood Claims	8 (1978–1996)
Most Recent Claim	May 1996, rainfall accumulation

Wildfire

Wildfire Risk	Not rated no burnable land in reach
Wildfire Likelihood	Negligible
Exposure	None beyond ember reach

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.