We report the discovery of a partially altered microchondrule within a fine-grained micrometeorite.This object is circular, <10μm in diameter and has a cryptocrystalline texture, internal zonation and a thin S-bearing rim. These features imply a period of post-accretion parent body aqueous alteration, in which the former glassy igneous texture was subject to hydration and phyllosilicate formation as well as leaching of fluid-mobile elements. We compare this microchondrule to three microchondrules found in two CM chondrites: Elephant Moraine (EET) 96029 and Murchison. In all instances, their formation appears closely linked to the late-stages of chondrule formation, chondrule recycling and fine-grained rim accretion. Likewise, they share cryptocrystalline textures and evidence of mild aqueous alteration and thus similar histories. We also investigate the host micrometeorite’s petrology, which includes an unusually Cr-rich mineralogy, containing both Mn-chromite spinel and low-Fe-Cr rich (LICE) anhydrous silicates. Because these two refractory phases cannot form together in a single geochemical reservoir under equilibrium condensation, this micrometeorite’s accretionary history requires a complex timeline with formation via non-equilibrium batch crystallization or accumulation of materials from large radial distances. In contrast, the bulk composition of this micrometeorite and its internal textures are consistent with a hydrated carbonaceous chondrite source. This micrometeorite is interpreted as a fragment of fine-grained rim material that once surrounded a larger parent chondrule and was derived from a primitive carbonaceous parent body; either a CM chondrite or Jupiter family comet.