505 Townsend St, Lansing, MI 48933 Property Records

Ingham County property record for 505 Townsend St, Lansing, MI 48933

Property Summary

Property TypeApartments (5+ Units)
Details76,830 sqft · built 1920
Lot Size0.979 acres (42,645 sqft)
OwnerCompany Name on Record
Last Sale$8,300,000 (Jun 2021)
Tax Bill$770 (2020)
Deeds & MortgagesDec 2022 Mortgage
Dec 2022 Mortgage
+ 1 more
Flood ZoneZone X (minimal risk)
APN33-01-01-16-380-073

Property Details

APN / Parcel Number

Primary APN33-01-01-16-380-073

Interior

Units101 Units
Stories6 Stories
Building Area76,830 sqft Total Area
1st Floor Area12,805 sqft
Basement Area12,805 sqft
Unfinished Basement12,805 sqft
FlooringTile
Interior WallsWood
ElevatorElevator

Exterior

Year BuiltBuilt 1920
Effective Year BuiltEffective 1920
Exterior MaterialBrick
Fire ResistanceMasonry Walls, Wood Interior
Roof MaterialBuilt-Up Asphalt
Lot Area42,645 sqft (0.979 acres)

Utilities, Heating & Cooling

Heating SystemSteam
Heating FuelGas
SewerMunicipal

Location & Zoning

Street Address505 TOWNSEND ST
CityLANSING
StateMI
Zip48933-2341
Property CategoryResidential
Property TypeResidential > Multi-Unit > Apartments (5+ Units)
Legal DescriptionPART OF LOTS 7, 8, 9, 10, 11 & 12 COM NW COR BLOCK 148, E 122 FT, S 90 FT, SW 7.1 FT, S 72 FT, E 4 FT, S 163 FT, W 121 FT, N
Legal SubdivisionORIG PLAT
Legal Block148
Legal Lot Number7-12
Legal Unit7
JurisdictionINGHAM MI
Township / Civil DivisionLANSING
Census Block Group1
Census Block1033
Census Tract6700

Historic Designation

Source: NPS National Register of Historic Places, as of August 1, 2026

Historic DistrictWithin the Lansing Downtown Historic District
listed 2009 · 89 contributing resources · NRIS 09000551

Federal listing alone does not restrict alterations; local historic district rules, which this data does not cover, may apply.

Owner

Source: Ingham County records, as of October 6, 2026

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Owner of RecordCompany Name on Record
Mailing Address3101 BEE CAVES RD, 220, AUSTIN, TX 78746-5574
Owner TypeCompany
VestingCompany

Deeds, Mortgages & Sale History

DateDocument
Dec 1, 2022Deed of Trust, Mortgage · Commercial Mortgage
KEY BANK NA
Dec 1, 2022Deed of Trust, Mortgage
KEY BANK NA
Jun 4, 2021Warranty Deed, Transfer · Stand-Alone First Mortgage
CITIBANK NA

Assessor's Deed Record

Deed NamesName on Deed
Last SaleJun 4, 2021 · Amount on Record
Deed SaleJun 4, 2021 · Amount on Record
Deed Document Number202124951
Prior Transfer DateMay 27, 2021
Prior Transfer Doc0000024951
Record UpdatedOct 29, 2026

December 2022: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionINGHAM MI
Property Address505 TOWNSEND ST, LANSING, MI 48933-2341
Transaction TypeMortgage
Record UpdatedDec 16, 2022

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000041547
DateDec 1, 2022
Instrument2022-041547
Lender
NameKEY BANK NA
TypeBank
Agreement
TypeCommercial Mortgage
AmountAmount Recorded

December 2022: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionINGHAM MI
Property Address505 TOWNSEND ST, LANSING, MI 48933-2341
Transaction TypeMortgage
Record UpdatedDec 16, 2022

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000041546
DateDec 1, 2022
Instrument2022-041546
Lender
NameKEY BANK NA
TypeBank
AddressDALLAS, TX 75225
Agreement
AmountAmount Recorded
Term499 Months
DueJul 1, 2064

June 2021: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionINGHAM MI
Recording DateJun 4, 2021
Property Address505 TOWNSEND ST, LANSING, MI 48933-2341
Document Number0000024951
Instrument DateJun 4, 2021
Instrument2021-024951
Transaction TypeTransfer
Record UpdatedJul 7, 2021

Transaction

AmountAmount Recorded
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$71,380.00
Amount AccuracyFull Amount Stated
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name
Address4530 E THOUSAND OAKS BLVD STE 100, 4530, WESTLAKE VILLAGE, CA 91362-3897

Transferred To (Grantee/Buyer)

NameVerified Name
Address3101 BEE CAVES RD STE 220, 220, AUSTIN, TX 78746-5574

Mortgage

Document Number0000024952
DateJun 4, 2021
Instrument2021-024952
Lender
NameCITIBANK NA
TypeBank
Agreement
TypeStand-Alone First Mortgage
AmountAmount Recorded

Tax Assessment & Valuation

Source: Ingham County assessment roll, as of October 6, 2026

Property Jurisdictions

TypeName
StateMichigan
CountyIngham County
MunicipalityLansing City
Unified School DistrictLansing Public School District (PK - 12)

Tax Bill & Assessment History

YearTax Bill
2020$770.00

Flood

Source: FEMA National Flood Hazard Layer, effective July 2, 2023 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Flood Insurance CostPremium on Record
median of 13 policies
Nearby Flood Policies13 in force
Nearby Flood Claims6 (1980–2018)
Claims Outside the SFHA3 of 6
Most Recent ClaimFeb 2018 · river or lake flooding

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 RiskNot rated
no burnable land within 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 SystemLANSING BOARD OF WATER & LIGHT
serves 166,000 people · EPA ID MI0003760
Water SourceGroundwater
Last State InspectionOct 2023
LeadUnder 1 ppb (2024–2026)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
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 188 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Metronet
Fiber
5,120 / 5,120
Xfinity
Cable
2,000 / 250
Verizon
Fixed Wireless
300 / 20
AT&T
Fixed Wireless · Fiber in parts of the area
100 / 20
T-Mobile
Fixed Wireless
100 / 20

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