Listing courtesy of Radiant Realty Partners Co · Listing agent: Bryce Lain

Virtual tour
ActiveSite-Built Home

12228 Indiana Street

$199,400

$50.40 / sq ft

Est. $1,305/mo

Leopold, IN 47551

Original price $210,000 · Price reduced on August 5, 2026

  • Basement
Bedrooms
2
Bathrooms
1
Living area
3,956 sq ft
Lot
0.23 ac
Year built
1918
Type
Site-Built Home
Listed
June 24, 2026
MLS #
202624963

About this home

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.

Monthly payment estimate

$1,305/mo

Principal & interest
$1,091
Property taxes
$156
Homeowners insurance
$58
Your loan

  • Rate: Freddie Mac's 30-year fixed average for the week of October 1, 2026.
  • Taxes: the seller's 2026 bill as reported to the MLS. Yours may differ once your own deductions apply.
  • Insurance: estimated at 0.35% of the price per year.
  • An estimate, not a loan offer. Your rate and payment depend on your credit, loan program and down payment.
Change taxes, insurance and more in the full calculator

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Property details

Interior

Levels
One
Total rooms
7
Total area
4,556 sq ft
Finished area above grade
3,956 sq ft
Unfinished area above grade
300 sq ft
Unfinished area below grade
300 sq ft
Below grade total
300 sq ft
Bedrooms above grade
2
Full baths, main level
1
Basement
Partial
Heating
Natural Gas
Cooling
Central Air
Laundry
Main Level

Exterior & parking

Construction
Aluminum Siding
Private pool
No
New construction
No

Waterfront & lake

Waterfront
No

Lot

Lot features
Corner Lot
Lot size (acres)
0.23 ac
Lot dimensions
100 feet by 100 feet
County
Perry County
Township
Leopold
Platted
Yes
Planned unit development
No
Directions
From IN-37, head north toward Leopold and turn right onto French Ridge Road. Then make a right onto Old State Road 37. Continue and turn left onto Leopold Road/St. Louis Street, then turn left onto Lafayette Street. Finally, turn left onto Indiana St

Schools

Elementary school
Perry Central
Middle school
Perry Central
High school
Perry Central
School district
Perry Central Community Schools

Taxes & terms

Annual taxes
$1,866
Tax year
2026
Possession
30 DAC
Parcel number
62-09-01-308-003.000-003

Utilities

Water
Public
Sewer
Septic Tank

Location

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$199,400

2 beds · 1 bath