Running for about 1.1 miles (1.8 km) in a general east–west direction, connecting the Naval Surface Warfare Center Crane Division with U.S. Route 231 (US 231), passing through the town of Crane.

SR 558 was originally introduced in the 1950s to connect the Crane Naval Depot, now Naval Surface Warfare Center Crane Division with SR 45, now US 231.

SR 558 begins at an intersection with U.S. Route 231 and State Road 58 in rural Daviess County.

[2][3] The highest traffic count is at the western end of SR 558, where 3,989 vehicles travel the highway on average each day.

The lowest traffic count is at the eastern end of SR 558, where 3,403 vehicles travel the highway on average each day.