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Ranch Duplex Home with Guest Suite
For Sale
$274,900

130 E Broad Street, Spiceland, IN 47385

MULTI_FAMILY - Ranch - Spiceland, IN

Property Size1,800 SF
Lot Size0.50 Acres
Price / SF$152.72
Days on Market86

Property Features for 130 E Broad Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 2, Bathroom 1, Basement, Bedroom 4
Parking 6
Fencing Chain Link
Basement Block
Lot features City/ Town/ Suburb, Level
Elementary school Tri
Middle school Tri
High school Tri Jr/Sr
Elementary school district South Henry School Corp.
Middle school district South Henry School Corp.
High school district South Henry School Corp.
Directions GPS Friendly
Subdivision Henry County
Standard status Active
APN 33-17-17-410-419.000-026
Size 1,800 SF
Lot size 0.50 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description PT N1/2 SE1/4 17-16-10 .50A
Legal Description PT N1/2 SE1/4 17-16-10 .50A

Utilities

Cooling system Central Air

Amenities

fireplace

Building Details

Year built 1951
Floors in Building 1
Number of units 2
Flooring type Carpet, Laminate
Roof type Asphalt, Shingle
Architectural style Ranch
Listing Agency: F.C. Tucker/Crossroads Real Estate
Listed By: Mike McKown
Added: Jun 4 Changed: Aug 12 Last Checked: Aug 28 at 8:06AM
MLS# 202621615

Copyright © 2026 Mid-Eastern Indiana Association of Realtor MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

130 E Broad Street in Spiceland, Indiana is a ranch-style, duplex-style property offering multiple living configurations. It can function as a 4-bedroom, 2-bath residence, or as a 3-bedroom, 1-bath home with an attached 1-bedroom, 1-bath guest suite. The guest suite includes its own living room, bedroom, kitchen, and full bath, supporting multigenerational living, extended-family use, or guest and home-office space.

The main home has been refreshed with brand-new appliances, a newer HVAC system, a newer water heater, new floor coverings, and fresh paint throughout. Interior features include carpet and laminate flooring, and a beautifully rebuilt fireplace in the living room. There is also a basement and a large garage providing additional storage, workshop space, or parking.

The property sits on a 0.5-acre lot. Other details include chain-link fencing, a shingle and asphalt roof, and central air cooling. Built in 1951, the home is arranged with listed rooms including four bedrooms and two bathrooms.

Key Highlights

  • Ranch duplex‑style home with flexible bedroom/bath configurations (4BR/2BA or 3BR/1BA plus 1BR/1BA suite)
  • Attached 1‑bedroom, 1‑bath guest suite with its own living room, kitchen, and full bath
  • Brand‑new appliances plus newer HVAC system and newer water heater

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Furniture & Home Goods Grocery & Convenience Store Carpet & Flooring Store (Bike/Boat/Book/etc) Store Building Supply Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

55
Businesses Nearby

Demographics for 47385, IN

1,581
Population
701
Households
2.3
Avg Household Size
42
Median Age
28%
College-Educated
98%
High-School Grad
15.0 sq mi
ZIP Area
105
Density / Sq Mi
$100,479
Median Household Income
$54,348
Median Earnings
$714
Median Rent
$140,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Updated ranch duplex-style home with central air, flexible bedroom/bath options, and an attached 1-bedroom guest suite.
Where is this duplex located?
The property is located at 130 E Broad Street Spiceland, IN.
What is the asking price?
The asking price for this property is $274,900.
What are key features of this property?
This property features: Ranch duplex‑style home with flexible bedroom/bath configurations (4BR/2BA or 3BR/1BA plus 1BR/1BA suite); Attached 1‑bedroom, 1‑bath guest suite with its own living room, kitchen, and full bath; Brand‑new appliances plus newer HVAC system and newer water heater
More about this property
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