5531 N Chipman Rd, Owosso, MI 48867 Property Records

Shiawassee County property record for 5531 N Chipman Rd, Owosso, MI 48867

Property Summary

Property Type	Single Family Home
Details	3 bd · 1 ba · 989 sqft · built 1968
Lot Size	0.5 acres (21,780 sqft)
Owner	2 Individual Names on File
Last Sale	$189,900 (Dec 2025)
Tax Bill	$1,335 (2024)
Deeds & Mortgages	Dec 2025 Sale & Mortgage Nov 2025 Transfer
Flood Zone	Zone X (minimal risk)
APN	`002-23-200-008`

Property Details

APN / Parcel Number

Primary APN	`002-23-200-008`
Alternative APN	`0022320000800`

Interior

Bedrooms	3 Beds
Full Baths	1 Bath
Building Area	989 sqft Living Area
1st Floor Area	912 sqft
Basement Area	912 sqft
Unfinished Basement	912 sqft

Exterior

Year Built	Built 1968
Effective Year Built	Effective 1968
Architectural Style	Ranch
Lot Area	21,780 sqft (0.5 acres)
Garage Area	1,032 sqft

Utilities, Heating & Cooling

Heating System	Forced Air with A/C

Location & Zoning

Street Address	5531 N CHIPMAN RD
City	OWOSSO
State	MI
Zip	48867-9451
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	SEC. 23 T8N R2E PT OF NE FRL 14 COM ON W LN OF RWY OF CHIPMAN RD AT A PT WH IS 100 FT NELY ALG SD RWY LN FROM ITS INTR WITH E
Legal Range	02E
Legal Township	08N
Legal Section	23
Jurisdiction	SHIAWASSEE MI
Township / Civil Division	RUSH
Census Block Group	2
Census Block	2053
Census Tract	30200

Owner

5531 N Chipman Rd is owned and occupied by two individuals who bought it in December 2025.

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

Owner of Record	2 Individual Names on File
Mailing Address	5143 LYTLE RD, CORUNNA, MI 48817-9598
Occupancy	Owner Occupied
Owner Type	Individual
Vesting	Husband and Wife

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

Deeds, Mortgages & Sale History

Date	Document
Dec 12, 2025	Warranty Deed, Transfer · FHA Mortgage FIFTH THIRD BANK NA
Nov 25, 2025	Quit Claim Deed, Transfer Quitclaim

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Dec 12, 2025 · Amount on File
Deed Sale	Dec 12, 2025 · Amount on File
Deed Document Number	20253398255
Deed Book / Page	1333 / 731
Prior Transfer Date	Nov 17, 2025
Prior Transfer Doc	0013330227
Record Updated	Oct 29, 2026

December 2025: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	SHIAWASSEE MI
Recording Date	Dec 12, 2025
Property Address	5531 N CHIPMAN RD, OWOSSO, MI 48867-9451
Document Number	0013330731
Book / Page	1333 / 731
Instrument Date	Dec 9, 2025
Instrument	3398255
Transaction Type	Transfer
Record Updated	Dec 25, 2025
Title Company	CISLO TTL CO TTL INS & ESCRO

Transaction

Amount	Amount on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$1,425.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	5531 N CHIPMAN RD, OWOSSO, MI 48867-9451

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	5143 LYTLE RD, CORUNNA, MI 48817-9598
Investor	Possibly a Property Investor

Mortgage

Document Number	0003398257
Date	Dec 12, 2025
Instrument	3398257

Lender

Name	FIFTH THIRD BANK NA
Type	Bank

Agreement

Type	FHA Mortgage
Amount	Amount on Record
Term	361 Months
Due	Jan 1, 2056

Mortgage

Document Number	0013330754
Date	Dec 15, 2025
Book Page	1333/754
Instrument	3398278

Lender

Name	FIFTH THIRD BANK NA
Type	Bank
Address	LANSING, MI 48912

Agreement

Type	Second Mortgage (Down Payment)
Amount	Amount on Record

November 2025: Quit Claim Deed, Transfer

Document Type	Quit Claim Deed
Jurisdiction	SHIAWASSEE MI
Recording Date	Nov 25, 2025
Property Address	5531 N CHIPMAN RD, OWOSSO, MI 48867-9451
Document Number	0013330227
Book / Page	1333 / 227
Instrument Date	Nov 17, 2025
Instrument	3397721
Transaction Type	Transfer
Record Updated	Dec 10, 2025

Transaction

Tax	$0.00
Amount Accuracy	Transfer Tax Exempt
Additional	Quitclaim Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name
Address	5531 N CHIPMAN RD, OWOSSO, MI 48867-9451

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	5531 N CHIPMAN RD, OWOSSO, MI 48867-9451

Tax Assessment & Valuation

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

Property Jurisdictions

Type	Name
State	Michigan
County	Shiawassee County
County Subdivision	Rush Township
Unified School District	Owosso Public Schools (KG - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$65,200 (+7.59%)	$130,400 (+7.59%)
2025	Homeowner's exemption	$60,600	$121,200
2024	$1,335.00
2023	$1,335.00 Homeowner's exemption	$57,600	$115,200

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

FEMA maps place 5531 N Chipman Rd in Zone X, an area of minimal flood risk, within 500 ft of a high-risk flood zone.

Source: FEMA National Flood Hazard Layer, effective April 12, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Nearest Special Flood Hazard Area	Zone A, within 500 ft
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

Wildfire risk around 5531 N Chipman Rd is low, with less than a 0.01% annual chance of wildfire.

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

Wildfire Risk	Low lower than 94% of the US · lower than 87% of Michigan
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None beyond ember reach

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

Internet Providers

Source: FCC Broadband Data Collection, based on 14 locations within half a mile, as of December 31, 2025

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

Cell Coverage

5G and 4G LTE (outdoors only)

Nearby Properties on N Chipman Rd

Nearby Streets

Search Property Records by Address or Parcel Number

Search by:

By searching, you agree to: Terms • Privacy • Disclosures