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12228 Indiana St, Leopold, IN, 47551

2beds
1baths
3,958sqft
$210,000
$53price/sqft
$1,954/moest. monthly cost
$78,160/yrincome needed

About This Home

After serving the community for decades, Guillaume’s Store is in the process of closing its doors. The building and lot are offered at $210,000; however, until the store officially ceases operations, there is an opportunity to purchase the entire turnkey business — including inventory, equipment, fixtures, and supplies — along with the real estate. This is a chance to step into a well-established country store rich in history, strong community ties, and immediate operational potential. Once the business closes, the offering will revert to the building and lot only. Opportunities like this are limited and time-sensitive but still available to an interested party. The property features approximately 4,000 square feet of space and has long served the community with groceries and everyday essentials, gift items and unique finds, a gas pump, and a deli offering fresh sandwiches, meats, and ice cream. Attached to the store is a two-bedroom, one-bath living area complete with a kitchen, living room, and an additional space suitable for a laundry room or office — ideal for an owner-operator or as potential rental income. Situated on a corner lot in the heart of Leopold, this highly visible and versatile property offers endless possibilities for future use, whether for residential living, rental units, a restaurant, daycare, or an entirely new business venture. While the store will be deeply missed by the community, this iconic structure remains a true time capsule — full of character, history, and opportunity.

Getting Around

7
WalkingCar-Dependent
0
TransitVery Limited Transit
26
BikeSomewhat Bikeable

Schools

6/10
8/10

Construction

Condition

  • Year built: 1918

Materials

  • Roof: Metal
  • Construction materials: Aluminum Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Refrigerator,Electric Cooktop

Basement

  • Basement: Crawl Space,Partial,Unfinished,Block

Bedroom1

  • Level: Main

Bedroom2

  • Level: Main

Bedrooms & Bathrooms

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

Features

  • Laminate Counters,Eat-in Kitchen
  • Flooring: Hardwood,Carpet,Vinyl
  • Fireplace features: None
  • Finished area below ground: 0
  • Finished area above ground: 3,958

Heating & Cooling

  • Heating features: Natural Gas,Propane
  • Cooling features: Central Air

Interior Area

  • Total structure area: 4,958
  • Total interior livable area: 3,958 sqft

Kitchen

  • Level: Main
  • Area: 154

Living Room

  • Level: Main
  • Area: 154

Property

Details

  • Parcel number: 620901308003.000003

Features

  • Levels: One and One Half
  • Stories: 1
  • Patio & porch: Deck,Porch Covered
  • Fencing: None

Lot

  • Lot size: 10,018 sqft
  • Features: Level,0-2.9999,Rural
  • Lot size dimensions: 103 x 97