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4638 E State Road 45, 
Bloomington, IN 47408

$735,000


Bed


1

Bath


4,302

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

Heather Groves, cell: 812-606-4239

Sterling Real Estate

Last updated:

April 3, 2026, 03:04 PM

MLS#

202603593

Source:

Indiana Regional MLS

About This Home

4638 E State Road 45

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.

Home Facts

Multi-Family

1 Bath

Built in 1928

Price Summary

735,000

$170 per Sq. Ft.

MLS #:

202603593

Last Updated:

April 3, 2026, 03:04 PM

Added:

1 month(s) ago


Rooms & Interior

Bathrooms

Total Bathrooms:

1

Interior

Living Area:

4,302 Sq. Ft.


Structure

Structure

Architectural Style:

One Story, Ranch

Building Area:

4,302 Sq. Ft.

Year Built:

1928


Lot

Lot Size (Sq. Ft):

45,738


Finances & Disclosures

Finances

Price:

$735,000

Price per Sq. Ft:

$170 per Sq. Ft.

Source:Indiana Regional MLS
IRMLS information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IRMLS Data is deemed reliable but is not guaranteed accurate by the MLS. IRMLS information provided by the Indiana Regional MLS. Copyright 2026 Indiana Regional MLS LLC.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.