4638 E State Road 45 Bloomington, IN $ 735,000
4638 E State Road 45
$ 735,000
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4638 E State Road 45

Bloomington, IN, 47408
$ 735,000
Bedrooms-- Baths2.0 Sq 2,151

Monthly Estimate*

$ 4,526

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Commercial Property for sale in Bloomington, IN

for $735,000 with 2 full baths. This 2,151 square foot building was built in 1928 on a lot size of 1.05.

Discover historic charm and peaceful nature at this prime east side location, just east of Indiana University and near the new IU Health Bloomington Hospital. This historical schoolhousethe Poplar Grove Schooloffers over 4,300sqft of freshly painted space with new carpet, split between two levels, each featuring restrooms and a kitchenette. The layout comprises 10 office spaces, an open common area, storage, and a larger first-level open area with original hardwood floors and over 50 brand new windows, filling the building with natural light. This property sits on just over 1.05 acres with more than 25 parking spots. Zoned Limited Business (LB), this property meets the essential business needs and convenience of neighboring residents, supporting a variety of uses including daycare, office space, retail, studio/gallery space, massage therapy, music therapy, counseling, real estate, freelance work, law firms, insurance, among others. The building offers tremendous potentialbring your imagination to reconfigure, redevelop, or transform this beautiful space. The property has newly installed fiber internet through GigabitNow.

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Commercial Active

Price

$ 735,000

Full Bath

2

Property Type

Commercial

Taxes

$ 3,376

Style

Mixed Use

Lot Size

1.05

Year Built

1928

Town/City

Bloomington

County/Region

Monroe

MLS | Web ID

202603595

Features
General
Heating Electric Heat Pump
Cooling Central Air
Ceiling Height 9'
Roof Dimensional Shingles
Parking Yes Lot Off-Street Paved Private
Sewer Septic
# of Buildings 1
Status Active Active
Bathrooms 2
Year Built 1928
New Construction No
Subdivision None
Stories Count 1
Township Bloomington
Class COMMERCIAL
Present Use Vacant-Best for Owner/Usr
Type Mixed Use
Age 98
Special Features Office Space
REO No
Status Detail 0
Area Monroe County
Location Near College Campus Rural
City Bloomington
Legal Description 012-04420-00 PT NE NW 36-9-1W 0.89 A Plat 4 012-04435-00 PT SE SW 25-9-1W 0.16 A Plat 14
Agent First Name Heather
Agent Last Name Groves
DOM 0
Tax Year 2026
Restrictions None
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Exterior
Road Access County
Exterior Brick
Driveway Asphalt
Number of Parking Spaces 25
Lot Size Area 45738
Lot Dimensions irr
Parking Type Lot
Fence None
Water Features None
Waterfront Y/N No
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Interior
Flooring Carpet Wood
Basement/Foundation Daylight Finished Full Basement Walk-Out Basement Outside Entrance
Walls Drywall
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* Excluded Features
List By
Heather Groves

Listing Agent

Sterling Real Estate

Broker

heather.neidigh@homefinder.org

Email

Affordability Calculator

$4,807
Per Month
94%
6%
0%
Monthly Principal & Interest
$4,526
Monthly Property Taxes
$281
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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.
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Nearby
1237469 Elementary School
1237627 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/5/2026$735,000 Listed Price

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4638 E State Road 45, Bloomington, IN, 47408 is a Commercial Property for sale at $735,000 with 2,151 sqft and a lot size of 1.05. 4638 E State Road 45 has 2.0 baths and was built in 1928. The property's zip code is 47408 which is in Bloomington, IN