121 N Chipman St, Owosso, MI 48867 Property Records

Shiawassee County property record for 121 N Chipman St, Owosso, MI 48867

Property Summary

Property TypeGeneral Industrial
Details177,604 sqft · built 1955
Lot Size23 acres (1,005,800 sqft)
OwnerCompany Name on Record
Tax Bill$89,770 (2025)
Deeds & MortgagesApr 2024 Line of Credit
Flood ZoneZone X (minimal risk)
APN050-537-000-036-00

Property Details

APN / Parcel Number

Primary APN050-537-000-036-00

Interior

Building Area177,604 sqft Building Perimeter

Exterior

Year BuiltBuilt 1955
Effective Year BuiltEffective 1955
Lot Area1,005,800 sqft (23 acres)

Location & Zoning

Street Address121 N CHIPMAN ST
CityOWOSSO
StateMI
Zip48867
Property CategoryIndustrial
Property TypeIndustrial > General Industrial
Legal DescriptionPART OF SEC 14 T7N-R2E CITY OF OWOSSO; BEG N024727W 284 FT & S861123W 33 FT FROM SE COR SEC 14 T7N R2E TH S861123W 686.84 FT
Legal Range02E
Legal Township07N
Legal Section14
JurisdictionSHIAWASSEE MI
Township / Civil DivisionOWOSSO
Census Block Group1
Census Block1010
Census Tract30400

Owner

Source: Shiawassee County records, as of October 20, 2026

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

Owner of RecordCompany Name on Record
Mailing Address123 N CHIPMAN ST, OWOSSO, MI 48867-2028
Owner TypeCompany
VestingCompany

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Record UpdatedOct 29, 2026

April 2024: Deed, Transfer

Document TypeDeed
JurisdictionSHIAWASSEE MI
Recording DateApr 4, 2024
Property Address121 N CHIPMAN ST, OWOSSO, MI 48867-2028
Document Number0013160150
Book / Page1316 / 150
Instrument DateMar 27, 2024
Instrument3380396
Transaction TypeTransfer
Record UpdatedMay 9, 2024
Title CompanyCHICAGO TITLE COMPANY-C/I, CHICAGO TITLE OF MI COM DIV

Transaction

Tax$0.00
Amount AccuracyNo Consideration Stated
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name
Address1 N 2ND ST, HARTSVILLE, SC 29550-3300

Transferred To (Grantee/Buyer)

NameVerified Name
Address123 N CHIPMAN ST, OWOSSO, MI 48867-2028

Mortgage

Document Number0003380397
DateApr 4, 2024
Instrument3380397
Lender
NameJPMORGAN CHASE BANK NA
TypeBank
Agreement
TypeLine of Credit
AmountAmount Recorded
Term59 Months
DueMar 30, 2029
Interest
Rate TypeAdjustable Rate
Change FrequencyMonthly

Tax Assessment & Valuation

Source: Shiawassee County assessment roll, as of July 16, 2026

Property Jurisdictions

TypeName
StateMichigan
CountyShiawassee County
MunicipalityOwosso City
Unified School DistrictOwosso Public Schools (KG - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$1,387,800 (-6.5%)$2,775,600 (-6.5%)
2025$89,770.00 (+70.65%)$1,484,300 (+27.33%)$2,968,600 (+27.33%)
2023$52,606.00$1,165,700$2,331,400

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 April 12, 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

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

Wildfire RiskLow
lower than 98% of the US · lower than 95% of Michigan
Wildfire LikelihoodUnder 0.01% annual chance
ExposureNone
beyond ember reach

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 SystemCITY OF OWOSSO
serves 16,353 people · EPA ID MI0005120
Water SourceSurface water
Last State InspectionOct 2024
Lead9 ppb (2025)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureColiform assessment
Nov 2022
Monitoring and Reporting2
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. The service area is an EPA estimate; the actual supplier may differ.

Internet Providers

Source: FCC Broadband Data Collection, based on 243 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Frontier
Fiber
5,000 / 5,000
DayStarr
Fiber
2,500 / 2,500
Spectrum
Cable
1,000 / 1,000
Verizon
Fixed Wireless
300 / 20

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