4638 E State Road 45 Bloomington, IN 47408
Estimated payment $4,470/month
Highlights
- Partially Wooded Lot
- Wood Flooring
- Energy-Efficient Windows
- University Elementary School Rated A
- Central Air
- Level Lot
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.
Listing Agent
Sterling Real Estate Brokerage Phone: 812-606-4239 Listed on: 08/01/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,364
Year Built
- Built in 1928
Lot Details
- 1.05 Acre Lot
- Level Lot
- Partially Wooded Lot
Home Design
- Brick Exterior Construction
- Shingle Roof
Interior Spaces
- 0.5 Bathroom
- 2-Story Property
- Fire and Smoke Detector
- Laminate Countertops
Flooring
- Wood
- Carpet
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
Parking
- 25 Parking Spaces
- Driveway
- Paved Parking
- Parking Lot
- Off-Street Parking
Schools
- University Elementary School
- Tri-North Middle School
- Bloomington North High School
Utilities
- Central Air
- Heat Pump System
Additional Features
- Energy-Efficient Windows
- Suburban Location
Listing and Financial Details
- The owner pays for building insurance, maintenance, tax
- Assessor Parcel Number 53-05-36-200-017.000-004
Community Details
Amenities
- Community Storage Space
Pet Policy
- Pet Restriction
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,364 | $224,500 | $44,500 | $180,000 |
| 2023 | $1,742 | $222,600 | $44,500 | $178,100 |
| 2022 | $3,322 | $228,600 | $44,500 | $184,100 |
| 2021 | $3,804 | $249,700 | $44,500 | $205,200 |
| 2020 | $3,981 | $249,800 | $44,500 | $205,300 |
| 2019 | $3,379 | $219,300 | $14,000 | $205,300 |
| 2018 | $4,003 | $251,200 | $14,000 | $237,200 |
| 2017 | $4,035 | $251,800 | $14,000 | $237,800 |
| 2016 | $4,389 | $235,900 | $14,000 | $221,900 |
| 2014 | $3,796 | $260,100 | $14,000 | $246,100 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/01/2025 08/01/25 | For Sale | $775,000 | -- | $180 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $440,000 | John Bethel Title Company | |
| Warranty Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $278,750 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $50,000 | Commercial | |
| Previous Owner | $30,000 | Construction | |
| Previous Owner | $248,750 | Construction |
Source: Indiana Regional MLS
MLS Number: 202530452
APN: 53-05-36-200-017.000-004
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