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About This Home

This 0-bedroom, 2-bathroom commercial at 4638 E State Road 45 in Bloomington, IN is listed for $735,000. Built in 1928, on a 1.05 acres lot.

Agent Description

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.

Key Features

  • Built in 1928
  • 1.05 acre lot
  • 25 parking spaces

Property Details

1 story
2 full
25 spaces
1928

Monthly Cost Estimate

$3,931/mo

20% down · 6.5% · 30 years

Principal$532
Interest$3,185
Insurance$214

Estimates only. Actual payments may vary.

Location

4638 E State Road 45

Bloomington, IN 47408

None

Features & Amenities

Interior Features

DrywallOffice Space

Exterior Features

Office Space

Property Details

Flooring

CarpetWood

Construction

Brick

Parking

Off StreetPaved or Surfaced

Heating

Electric (Heating)Heat Pump (Heating)

Cooling

Central Air

Questions & Answers

This 0-bedroom, 2-bathroom commercial at 4638 E State Road 45 is listed at $735,000. The estimated monthly payment is $3,185 based on 20% down at 6.5% interest.

Key features include: Built in 1928, 1.05 acre lot, 25 parking spaces. Interior Features: Drywall, Office Space. Exterior Features: Office Space.

This property is listed by Heather Groves and can be reached at 8126064239 or heather.neidigh@homefinder.org.

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HG

Heather Groves

Agent at Sterling Real Estate

(812) 606-4239

Listed by Sterling Real Estate · View on Broker Site

MLS# 202603595· Source: listhub· Updated 64 days ago

Copyright © 2026 Indiana Uplands Realtor® Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

4638 E State Road 45, Bloomington, IN 47408

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