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Updated Duplex with Guest Suite
For Sale
$279,900

130 E Broad St, Spiceland, IN 47385

Flexible configuration supports multigenerational living, guests, home office use, or potential rental income.

Property Size1,800 SF
Price / SF$155.50
Days on Market53

Property Features for 130 E Broad St

General Information

Standard status Active
Size 1,800 SF
Property subtype Multi-Family

Building Details

Year Built 1951
Listing Agency: F.C. Tucker/Crossroads Real Estate
Listed By: Mike McKown
Source: Kmsrealestategroup
Added: Jul 9 Changed: Aug 30 Last Checked: Aug 30 at 1:31AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of F.C. Tucker/Crossroads Real Estate

Investment Insights

Based on property information with market context.

Located at 130 E. Broad Street in Spiceland, Indiana, this 1,800-square-foot duplex property was built in 1951 and offers adaptable residential space. The primary residence can provide four bedrooms and two bathrooms, or it can be arranged as a three-bedroom, one-bath home alongside a connected one-bedroom, one-bath guest suite.

The guest suite includes its own living area, kitchen, bedroom, and full bathroom, creating separation for extended household members or visitors. Recent improvements include new appliances, updated floor coverings, fresh interior paint, a newer HVAC system, and a newer water heater. A rebuilt fireplace adds a focal point to the main living room, while the large garage provides parking, storage, or workshop capacity.

Key Highlights

  • 1,800‑square‑foot duplex property on 130 E. Broad Street in Spiceland, Indiana
  • Built in 1951 with a flexible four‑bedroom, two‑bathroom configuration
  • Can also function as a three‑bedroom, one‑bath home with a connected one‑bedroom, one‑bath suite

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.

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
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Frequently Asked Questions

What type of property is this?
Duplex - Flexible configuration supports multigenerational living, guests, home office use, or potential rental income.
Where is this duplex located?
The property is located at 130 E Broad St Spiceland, IN.
What is the asking price?
The asking price for this property is $279,900.
What are key features of this property?
This property features: 1,800‑square‑foot duplex property on 130 E. Broad Street in Spiceland, Indiana; Built in 1951 with a flexible four‑bedroom, two‑bathroom configuration; Can also function as a three‑bedroom, one‑bath home with a connected one‑bedroom, one‑bath suite
More about this property
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