12228 Indiana Street

Leopold, IN
$ 199,400 Beds 2 Baths 1 Sq 3,956 Virtual Tour
Monthly Estimate* How much can I afford?

A rare opportunity to own a well-known property in the heart of Leopold. Formerly home to a general store and beauty shop, this approximately 4,000-square-foot building offers endless potential for its next chapter. Situated on a prominent lot with excellent visibility, the property includes a spacious retail area, deli space, storage areas, and an existing gas pump setup. Whether you're looking to open a convenience store, market, restaurant, specialty retail shop, or pursue another business venture, this property provides the space and infrastructure to bring your vision to life and live comfortably alongside your business.

Single Family

  • Price
  • $ 199,400
  • City
  • Leopold
  • Bedrooms
  • 2
  • Full Bathrooms
  • 1
  • County
  • PERRY
  • Half Bathrooms
  • 0
  • Area
  • Leopold
  • Lot Size
  • 0.23 Acres
  • Zip
  • 47551
  • Sqr Footage
  • 3,956
  • Year Built
  • 1918
  • Taxes
  • $ 1866
  • Style
  • Site-Built Home
  • MLS#
  • 202624963
Listed By: Bryce Lain with Radiant Realty Partners Co;
Data Source: Indiana Regional MLS (IRMLS)

Features

General

Sewer Septic
Heating Gas
Cooling Central Air
Laundry Y/N Main
Fireplaces No
Status Active
Full Baths 1
Bathrooms 1
Year Built 1918
New Construction No
Subdivision None
Style One Story
Township Leopold
Class RESIDENTIAL
Type Site-Built Home
Age 108
FIPS Code 18123
Associated Document Count 1
REO No
Status Active
Auction Y/N No
Annual Taxes 1866.16
Area Perry County
High School Perry Central
City Leopold
School District Perry Central Community Schools
Assoc. Dues Frequency Not Applicable
Total Sq Ft 4556
Elementary School Perry Central
Middle School Perry Central
Legal Description 003-00112-00 LEOPOLD LOT 35
Agent First Name Bryce
Agent Last Name Lain
DOM 103
Tax Year 2026

Interior Features

Basement Partial Basement
Beds 2
Total Rooms 7
Full Baths Main 1
Total Finished SqFt 3956
Basement Y/N Yes
Above Grade Bedrooms 2
1st Bedroom Level Main
1st Bedroom Width 11
2nd Bedroom Length 11
2nd Bedroom Level Main
2nd Bedroom Width 11
Above Grade Finished SqFt 3956
Above Grade Unfin. SqFt 300
Below Grade Unfin. SqFt 300

Exterior Features

Exterior Aluminum
Pool No
Lot Size Area 10019
Lot Dimensions 100 feet by 100 feet
Lot Description Corner
Approx. Lot Size Acres 0.23
Off Street Parking Y/N No
Waterfront Y/N No
Garage Y/N No

Amenities

  • Foreclosure
  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the South Bend, IN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Perry Central Elementary School
Middle School Perry Central Middle School
High School Perry Central High School

Price History

6/24/2026 Listed $210,000
8/6/2026 6% - $199,400

Property vs Zip Code Average in 47551

Price
AVG $370K
$200K
Taxes
AVG $2,468
$1,866
Year Built
AVG 1945
1918
Visits
AVG 33
17
Data Provided by Inside Real Estate®

Areas That We Cover

12228 Indiana Street Leopold, IN is a Single Family Home for sale at $199400 with 3956 sqft and a lot size of 0.23 Acres Acre(s). 12228 Indiana Street Leopold has 2 bedrooms, 1 baths and was built in 1918. The property's zip code is 47551 which is in Leopold, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.