116 Penny Ln, Ithaca, NY 14850 Property Records

Tompkins County and Ithaca Town property record for 116 Penny Ln, Ithaca, NY 14850

Property Summary

Property Type	Single Family Home
Details	2 bd · 1.5 ba · 768 sqft · built 1988
Lot Size	0.32 acres (13,939 sqft)
Owner	Individual Name on Record
Last Sale	$330,000 (Jun 2022)
Tax Bill	$7,421 (2026)
Deeds & Mortgages	Jun 2022 Sale & Mortgage Mar 2017 Sale
Flood Zone	Zone X (minimal risk)
APN	`503089 58.1-1-116`

Property Details

APN / Parcel Number

Primary APN	`503089 58.1-1-116`

Interior

Bedrooms	2 Beds
Full Baths	1.5 Baths
Half Baths	1 Half Bath
Stories	1 Story
Building Area	768 sqft Living Area
1st Floor Area	768 sqft
Basement Area	768 sqft
Finished Basement	768 sqft
Unfinished Basement	768 sqft
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1988
Effective Year Built	Effective 1988
Architectural Style	Ranch
Exterior Material	Wood
Lot Area	13,939 sqft (0.32 acres)
Garage Type	Detached
Garage Area	240 sqft
Parking Spaces	1 Parking Space
Porch	Slab
Porch Area	160 sqft

Utilities, Heating & Cooling

Cooling System	Central
Heating Fuel	Electric
Sewer	Municipal
Water Source	Commercial

Location & Zoning

Street Address	116 PENNY LN
City	ITHACA
State	NY
Zip	14850-6273
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Block	1
Legal Lot Number	116.000
Jurisdiction	TOMPKINS NY
Township / Civil Division	ITHACA
Census Block Group	1
Census Block	1007
Census Tract	1302

Owner

Source: Tompkins County and Ithaca Town records, as of September 23, 2026

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

Owner of Record	Individual Name on Record
Mailing Address	116 PENNY LN, ITHACA, NY 14850-6273
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
Jun 13, 2022	Warranty Deed, Transfer · Stand-Alone First Mortgage PREMIUM MORTGAGE CO
Mar 24, 2017	Grant Deed, Transfer

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Jun 13, 2022 · Amount on Record
Deed Sale	Jun 13, 2022 · Amount on Record
Prior Sale	Mar 24, 2017 · Amount on Record
Deed Document Number	20226408
Record Updated	Oct 29, 2026

June 2022: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	TOMPKINS NY
Recording Date	Jun 13, 2022
Property Address	116 PENNY LN, ITHACA, NY 14850-6273
Document Number	0000006408
Instrument Date	Jun 10, 2022
Instrument	2022-06408
Transaction Type	Transfer
Record Updated	Jul 5, 2022

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	390 EDGEWOOD AVE, ROCHESTER, NY 14618-4223

Mortgage

Document Number	0000006410
Date	Jun 13, 2022
Instrument	2022-06410

Lender

Name	PREMIUM MORTGAGE CO
Type	Mortgage Company

Agreement

Type	Stand-Alone First Mortgage
Amount	Amount Recorded

March 2017: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	TOMPKINS NY
Recording Date	Mar 24, 2017
Property Address	116 PENNY LN, ITHACA, NY 14850-6273
Document Number	0000003035
Instrument Date	Mar 24, 2017
Instrument	3035
Transaction Type	Transfer
Record Updated	Apr 18, 2017

Transaction

Amount	Amount Recorded
Tax	$0.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	116 PENNY LN ITHACA NY 148506273, ITHACA, NY 14850-6273

Tax Assessment & Valuation

Source: Tompkins County and Ithaca Town assessment roll, as of May 14, 2026

Property Jurisdictions

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

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026	$7,421.00
2025		$285,000 (+11.76%) Land $41,250 Building $243,750	$285,000 (+11.76%) Land $41,250 Building $243,750
2023		$255,000 Land $41,250 Building $213,750	$255,000 Land $41,250 Building $213,750
2019	$3,557.00

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

Flood

Source: FEMA National Flood Hazard Layer, effective June 17, 2025 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Policies	1 in force

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.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 80% of the US · above 54% of New York
Wildfire Likelihood	0.01% annual chance
Exposure	Direct burnable vegetation

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	ITHACA TOWN WD serves 13,000 people · EPA ID NY5404419
Water Source	Purchased surface water from several systems
Last State Inspection	Dec 2021
Lead	9 ppb (2021–2023) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 18 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Spectrum Cable	1,000 / 35
Verizon Fixed Wireless	300 / 20
T-Mobile Fixed Wireless	100 / 20

Cell Coverage

5G (outdoors only) and 4G LTE

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