Active

Price cut: $10.6K (8/6)

$199,400

12228 Indiana St, Leopold, IN 47551

2beds

3,956sqft

$1,319/mo

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Single Family Residence

Built in 1918

10,018 Square Feet Lot

$187,500 Zestimate^®

$--/sqft

$-- HOA

What's special

Existing gas pump setupDeli spaceSpacious retail areaStorage areas

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.

66 days
196
8

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1
Main level bedrooms: 2

Bedroom 1

Level: Main

Bedroom 2

Level: Main

Heating

Natural Gas

Cooling

Central Air

Features

Basement: Partial
Has fireplace: No

Interior area

Total structure area: 4,556
Total interior livable area: 3,956 sqft
Finished area above ground: 3,956
Finished area below ground: 0

Video & virtual tour

View virtual tour

Property

Features

Levels: One
Stories: 1

Lot

Size: 10,018 Square Feet
Features: Corner Lot

Details

Parcel number: 620901308003.000003

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Aluminum Siding

Condition

New construction: No
Year built: 1918

Utilities & green energy

Sewer: Septic Tank
Water: Public

Community & HOA

Community

Subdivision: None

Location

Region: Leopold

Financial & listing details

Tax assessed value: $99,700
Annual tax amount: $1,866
Date on market: 6/24/2026

Estimated market value

$187,500

$178,000 - $197,000

$1,038/mo

Price history

Date	Event	Price
8/6/2026	Price change	$199,400-5%
Source: IRMLS #202624963 Report a problem
6/24/2026	Listed for sale	$210,000
Source: IRMLS #202624963 Report a problem
5/22/2026	Listing removed	$210,000
Source: IRMLS #202508177 Report a problem
2/25/2026	Price change	$210,000-16%
Source: IRMLS #202508177 Report a problem
12/17/2025	Price change	$250,000-12.3%
Source: IRMLS #202508177 Report a problem
7/29/2025	Price change	$285,000-3.4%
Source: IRMLS #202508177 Report a problem
3/14/2025	Listed for sale	$295,000
Source: IRMLS #202508177 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,549 0%	$99,700 +24.6%
2024	$1,550 +2.4%	$80,000 +2%
2023	$1,514 +1.3%	$78,400 +1.2%
2022	$1,495 +7.3%	$77,500 +4.9%
2021	$1,393 +3.6%	$73,900 +0.8%
2020	$1,345 -1.9%	$73,300
2019	$1,371 +8.1%	$73,300 -0.5%
2018	$1,269 +6.7%	$73,700 +3.5%
2017	$1,189	$71,200
2016	$1,189 -2.1%	$71,200 +1.1%
2014	$1,215 +0.1%	$70,400 +0.4%
2012	$1,213	$70,100