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    • $735,000

    4638 E State Road 45, Bloomington, IN 47408

    --beds
    4,302sqft
    : 
    $4,841/mo
    Get pre-qualified
    Multi Family
    Built in 1928
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Open common areaTwo levelsNew carpet
    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.
    262 days
    123
    8

    Zillow last checked:

    Listing updated:

    Listed by:

    Heather Groves cell:812-606-4239,

    Sterling Real Estate

    Source: IRMLS,MLS#: 202603593MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 1
      • 1/2 bathrooms: 1
      Heating
      • Heat Pump
      Cooling
      • Central Air
      Features
      • Storage, Laminate Counters
      • Flooring: Carpet, Wood
      • Basement: Full,Walk-Out Access,Finished,Block
      Interior area
      • Total structure area: 4,302
      • Total interior livable area: 4,302 sqft
      • Finished area above ground: 2,151
      • Finished area below ground: 2,151
      Video & virtual tour

      Property

      Parking
      • Total spaces: 25
      • Parking features: Parking Lot, Off Street, Paved, Off Street Parking, Asphalt
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 2
      • Fencing: None
      Lot
      • Size: 1.05 Acres
      • Features: Level, Few Trees, 0-2.9999, City/Town/Suburb
      Details
      • Additional structures: None
      • Additional parcels included: 5305-25-303-004.000-004
      • Parcel number: 530536200017.000004
      • Zoning description: Limited Business

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Ranch
      • Property subtype: Multi Family
      Materials
      • Brick
      • Foundation: Basement
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1928

      Utilities & green energy

      • Electric: Duke Energy Indiana
      • Gas: None
      • Sewer: City
      • Water: City, Bloomington City Utility
      Green energy
      • Energy efficient items: Windows

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Subdivision: None
      Location
      • Region: Bloomington

      Financial & listing details

      • Date on market: 2/5/2026
      • Listing terms: Cash,Conventional
      • Inclusions: Building, Land
      • Lease term: 12 Months,24 Months,3 or More Years,Negotiable
      • Total actual rent: 0
      • Tenant pays: Cable TV, Electricity, Grounds Care, Sewer, Snow Removal, Water

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,351/mo

        Price history

        DateEventPrice
        2/5/2026Listed for sale$735,000
        Source: IRMLS #202603593 Report a problem
        1/31/2026Listing removed$735,000
        Source: IRMLS #202530452 Report a problem
        1/13/2026Price change$735,000-5.2%
        Source: IRMLS #202530452 Report a problem
        8/2/2025Listed for sale$775,000-3%
        Source: IRMLS #202530452 Report a problem
        6/28/2024Listing removed$799,000
        Source: IRMLS #202344842 Report a problem
        5/26/2024Price change$799,000-4.9%
        Source: IRMLS #202344842 Report a problem
        4/23/2024Price change$840,000-1.2%
        Source: IRMLS #202344842 Report a problem
        12/15/2023Listed for sale$850,000+93.2%
        Source: IRMLS #202344842 Report a problem
        4/27/2022Sold$440,000$102/sqft
        Source: Agent Provided Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: 47408

        Getting around

        4 / 100
        Car-Dependent
        23 / 100
        Minimal Transit

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: University
        • Middle: Tri-North
        • High: Bloomington North
        • District: Monroe County Community School Corp.

        Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

        A local agent can set up tours, give advice and negotiate with sellers.

        A local lender can help you make sure your offer is ready when you are.

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