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Duplex With Attached Guest Suite
For Sale
$274,900

130 E Broad Street, Spiceland, IN 47385

INVESTMENT, One Story, Spiceland, IN

Property Size1,800 SF
Lot Size0.50 Acres
Price / SF$152.72
Days on Market97

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 3, Bathroom 2, Basement, Bathroom 1, Bedroom 4, Bedroom 1, Bedroom 2
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

garage
fireplace

Building Details

Year built 1951
Floors in Building 1
Number of units 2
Flooring type Carpet, Laminate
Roof type Shingle, Asphalt
Architectural style Ranch
Listing Agency: F.C. Tucker/Crossroads Real Estate
Listed By: Mike McKown
Added: Jun 4 Changed: Sep 3 Last Checked: Sep 8 at 2:06PM
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.

This ranch-style duplex property at 130 E. Broad Street includes approximately 1,800 square feet on a 0.5-acre lot. The configuration supports a four-bedroom, two-bath arrangement or a three-bedroom, one-bath main residence paired with an attached one-bedroom, one-bath suite. The secondary space has its own living room, kitchen, bedroom, and full bath, providing functional separation within the property.

Built in 1951, the home has received updates including new appliances, newer HVAC, a newer water heater, fresh paint, and new floor coverings. Interior features include laminate and carpet flooring, central air, and a rebuilt fireplace. A large garage adds storage, workshop, or parking capacity, while chain-link fencing and an asphalt shingle roof complete the exterior improvements. The property is located in Spiceland, Indiana, within Henry County.

Key Highlights

  • 1,800‑square‑foot duplex property on a 0.5‑acre lot
  • Main residence can be configured as 4 bedrooms and 2 baths
  • Attached suite includes 1 bedroom, 1 bath, living room, and kitchen

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
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Frequently Asked Questions

What type of property is this?
Duplex - Flexible ranch-style layout includes a separate living area, kitchen, bedroom, and full bath.
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: 1,800‑square‑foot duplex property on a 0.5‑acre lot; Main residence can be configured as 4 bedrooms and 2 baths; Attached suite includes 1 bedroom, 1 bath, living room, and kitchen
More about this property
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