Listing courtesy of Sterling Real Estate · Listing agent: Heather Groves · cell: 812-606-4239

Virtual tour
ActiveMixed Use

4638 E State Road 45

$735,000

$341.70 / sq ft

Bloomington, IN 47408

  • 1.1 acres
  • Basement
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Bathrooms
2
Lot
1.05 ac
Year built
1928
Type
Mixed Use
Listed
February 5, 2026
MLS #
202603595

About this home

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 schoolhouse—the Poplar Grove School—offers 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 potential—bring your imagination to reconfigure, redevelop, or transform this beautiful space. The property has newly installed fiber internet through GigabitNow.

Property details

Interior

Stories
1
Finished area above grade
2,151 sq ft
Basement
Daylight, Finished, Full, Walk-Out Basement, Outside Entrance
Flooring
Carpet, Wood
Heating
Electric, Heat Pump
Cooling
Central Air

Exterior & parking

Construction
Brick
Roof
Dimensional Shingles
Parking
Asphalt, Parking Lot, Off Street, Paved, Private
New construction
No

Waterfront & lake

Waterfront
No

Lot

Lot size (acres)
1.05 ac
Lot dimensions
irr
Location type
Near College Campus,Rural
County
Monroe County
Township
Bloomington
Road frontage
County Road
Platted
Yes
Planned unit development
No
Directions
Property is on your right, right before Prairie Green Court.

Taxes & terms

Annual taxes
$3,789
Tax year
2026
Tax exemptions
No Exemptions
Tax abatement
No
Listing terms
Cash, Conventional, Lease Option, Second Mortgage
Possession
At Closing
Parcel number
53-05-36-200-017.000-004

Included in the sale

Included in sale
Building

Utilities

Water
City
Sewer
Septic Tank
Utilities
Mun. Water to Site
Electric provider
Duke Energy Indiana
Water provider
Bloomington City Utility

Income & commercial

Parking spaces
25
Water meters
1
Ceiling height
9'

Location

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