#22047446, Dakota James, Listing office: F.C. Tucker Company
1398 Penny Ln Greenfield, IN 46140
Property details
About 1398 Penny Ln
Attention! This is the second price reduction, sellers are motivated, come see this now before it is gone!! Don't miss this rare opportunity to own a stunning custom brick home on a lovely, wooded lot in Greenfeld. From the moment you step into the grand two-story foyer the craftsmanship stands out with the rich hardwood floors to hand painted walls. The spacious great room impresses with vaulted ceilings, a striking fireplace and walnut mantle creating a warm elegant gathering space. French doors lead to a private office with custom wainscoting while the formal dining room offers a refined space for entertaining. The gourmet kitchen is truly the heart of this home and features double ovens, gas range, custom cabinetry and a large walk-in pantry. This huge open space flows into a cozy hearth room with a stone fireplace, charming breakfast nook, and a sunlit four-season sunroom overlooking a serene backyard. The main level bedroom suite is a peaceful retreat with tray ceiling and spa-like bath with garden jacuzzi tub, large shower and walk in closet. Upstairs has three large bedrooms, two full bathrooms, and two walk-in-attic accesses for all your storage needs. The finished basement was designed for relaxation and entertainment. It boasts a gorgeous custom ash and walnut bar (sourced from property), theater room with fireplace and surround sound, a pool room inclusive of table, work out area, full bath, and large utility room for more storage! Additional features include, deep 3 car garage with gas heater and work benches, large laundry room, large deck, stereo speaker system throughout the first floor, and abundant natural light, etc. Photos do not do justice to the home. This home is a rare steal at this price; you have to come see it to believe it!
Highlights
Virtual tour
Summary
- Partial Bathrooms: 2
- Full Bathrooms: 4
- Appliances: Gas Cooktop, Dishwasher, Disposal, Gas Water Heater, Microwave Hood, Microwave, Double Oven, Convection Oven, Refrigerator, Water Heater, Water Softener
- Basement: Yes
- Interior: Attic Access, High Ceilings, Kitchen Island, Entrance Foyer, Hardwood Floors, Eat-in Kitchen, Pantry, Walk-In Closet(s)
- Fireplace: Basement, Great Room, Hearth Room
- Total Bedroom Count: 4
- Exterior: Gutter Guards
- Architectural Style: Traditional
- Heating: Zoned, Natural Gas
- Cooling: Central Air
- List Price: $724,900
- Price/SqFt: $153
- HOA Amount: $250 Annually
- Annual Tax Amount: $5,560
- Tax Year: 2023
- Directions: From State Road 9, travel west on White Oak Dr. In 0.1 miles, turn Right onto Hickory Ln. In 0.5 miles, turn left onto Hidden Glen Dr. In0.3 miles, turn left on Penny Ln. Home will be on the left side.
- Year Built: 2006
- Living Area: 4,715 SqFt
- Lot Size: 0.81 Acres
- MLS Number: 22016690
- MLS Name: MIBOR
- Office Name: F.C. Tucker Company
- Listing Agent: Julie Preston
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $560,600 | $5,560 |
2021 | $500,700 | $5,007 |
2020 | $487,000 | $4,704 |
2019 | $468,900 | $4,735 |
2018 | $473,500 | $4,571 |
2017 | $457,100 | $4,615 |
History based on county public records data.
Nearby schools
4
Weston Elementary School
Public District KG-3
1.7 mi
•140 Polk Ave
6
Harris Elementary School
Public District KG-3
1.9 mi
•200 W Park Ave
7
Brandywine Elementary School
Public District KG-4
2.8 mi
•413 E 400 S
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $72,043. The most common annual income of people living in Greenfield, IN is between $35k-100k. Typical family type is married, with kids. The majority of residents in this area have post secondary degree education.
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Frequently asked questions
Living in Greenfield, IN
Transportation in Greenfield includes a network of well-maintained roads and highways that connect residents to nearby cities and towns, facilitating easy commuting and travel. Public transit options are available, providing residents with alternatives to private vehicle use. The community's layout encourages walkability in several areas, particularly in the downtown district, and there are bike-friendly routes for cycling enthusiasts. While specific ride-sharing services are operational in the area, residents also have access to traditional taxi services for added convenience.
The community is served by a solid educational system, including a number of public schools that cater to various age groups, private educational institutions, and specialized programs that cater to diverse learning needs. Healthcare services in Greenfield are comprehensive, with facilities offering urgent care, primary care, and emergency services to meet the health needs of residents. The city also features a public library system that serves as a resource and gathering place for the community. Retail and dining options reflect the local culture, with a mix of independent shops and eateries alongside familiar chains, providing a range of choices for shopping and dining.
Greenfield is celebrated for its small-town charm and community-oriented atmosphere. The city prides itself on its rich history, with local landmarks and museums commemorating the life and legacy of notable figures such as James Whitcomb Riley, the famed Hoosier poet. Seasonal festivals and community events, like the Riley Festival, contribute to the city's vibrant cultural scene and provide residents with opportunities to connect and celebrate their shared heritage.
Greenfield's housing market showcases a blend of residential options, with single-family homes being the most prevalent, reflecting a mix of architectural styles from classic American craftsman to contemporary designs. The housing stock also includes a selection of apartments and townhouses, accommodating a range of preferences and needs. The majority of homes were constructed during a growth phase in the late 20th century, with many neighborhoods featuring mature trees and established landscaping. The homeownership rate in Greenfield is robust, with a significant majority of residents owning their homes, while a smaller yet substantial segment of the population opts for renting.
About 1398 Penny Ln
The listing price of 1398 Penny Ln property is $724,900.
The property 1398 Penny Ln is a house located in Greenfield, Indiana, 46140.
Active Listing: 1398 Penny Ln is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1398 Penny Ln are: Weston Elementary School (GreatSchools Rating 4/10), Harris Elementary School (GreatSchools Rating 6/10), Brandywine Elementary School (GreatSchools Rating 7/10), Greenfield Intermediate School (GreatSchools Rating 4/10), Greenfield Central Junior High School (GreatSchools Rating 5/10), Maxwell Intermediate School (GreatSchools Rating 5/10), Greenfield-Central High School (GreatSchools Rating 5/10), New Palestine High School (GreatSchools Rating 9/10), Morristown Jr-Sr High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2023 is $5,560 (source: MLS/based on county public records data).
The property at 1398 Penny Ln has 4 bedrooms and 4 full and 2 half bathrooms.
The property 1398 Penny Ln is 4,715 SqFt (source: MLS/tax record).
The year of construction for 1398 Penny Ln is 2006.
This home is located at 1398 Penny Ln in Greenfield, IN and zip code 46140. This 4,715 square foot home, which was built in 2006, sits on a 0.81 acre lot. Features: 4 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since January 6, 2025 and is currently priced at $724,900.
In June 2025, from all listings sold in Greenfield, IN there were more than 13 sold above asking price, over 32 sold below and more than 16 were sold right at the asked price. The number of listings in Greenfield, IN decreased by 1.8% between May and June 2025. While the average time on the market in June 2025 was 31 days, the median list price was $285,925.