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    4890 W State Road 46 Bloomington, IN 47404

    For Sale
    $449,999

    Mixed Use, None - Bloomington, IN

    Type:Mixed Use
    Lot size:
    1.27 Acres
    Days on Market:
    117
    Last Refresh:
    Dec 11 at 2:06 pm

    Property Features for 4890 W State Road 46

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3
    Bathrooms
    3
    APN
    53-00-92-049-000.000-013
    Parking features
    Garage
    Interior features
    Drywall, None
    Exterior features
    None
    Lot size
    1.27 Acres

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1960
    Floors in Building
    1
    Flooring type
    Laminate, Wood
    Building materials
    Other
    Roof type
    Shingle
    Architectural style
    Other

    NVS Realty, LLC (812) 322-7711

    Listing agent Nicole Van Sant (812) 322-7711 License #RB14030179

    Listing date Aug 17, 2025

    MLS# 202519500 Listing URL

    Copyright © 2025 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.

    Overview

    Versatile Commercial Property with Residence

    This versatile property, zoned for commercial use, is situated on a 1.274-acre lot. Currently used as a residential homestead, the property features a solid limestone ranch-style home constructed in 1960, offering 2,032 square feet of living space. The residence includes three bedrooms, two full bathrooms, and spacious living areas. Built-in bookshelves and a double-sided fireplace enhance the interior. The original hardwood flooring is showcased throughout the home, with new flooring, vanity, and toilet in the hallway bathroom, and new toilet and flooring in the en suite bathroom. The property also includes a substantial 896-square-foot pole building, suitable for storage or workspace. An attached two-car garage provides additional convenience. Located on State Road 46, the property benefits from excellent visibility and accessibility, making it suitable for various business ventures. The former pool area has been filled in, offering more outdoor green space or expansion potential. This property offers flexibility and opportunity in a desirable Bloomington location, ideal for establishing a commercial enterprise or enjoying a spacious residential setting with potential for future business use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bloomington
    County
    Monroe
    State
    Indiana
    Longitude
    -86.598424
    Latitude
    39.217628

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    FAQs

    What type of property is this?
    Mixed-use property - Commercial-zoned property with a residence, pole building, and prime location.
    Where is this mixed-use property located?
    The property is located at 4890 W State Road 46 Bloomington, IN.
    What is the asking price?
    The asking price for this property is $449,999.
    What are key features of this property?
    This property features: - Versatile property zoned for commercial use with residential homestead potential.; - Expansive 1.274-acre lot with excellent visibility and accessibility on State Road 46.; - Solid limestone ranch-style home offers 2,032 square feet of living space, featuring three bedrooms and two full bathrooms.
    (812) 322-7711
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    4890 W State Road 46 Bloomington, IN 47404
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    Bloomington, IN 47404
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4890 W State Road 46 Bloomington, IN 47404
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