Well i don't know how many inches, "Still shoots a little high..." actually is.
But I would get a "little lower" rear sight blade, maybe the next size down. Or just file down the top of the rear sight blade till you get the point of impact where you want it, then order a new blade as close to that size as possible.
Is your barrel an original 4" or possibly cut to 4"?
Either way, since your gun shoots high and we know shorter barrels need taller front sights, the sight blade on your gun is likely the factory size of a long barrel Mod 48.
Good luck and I hope you get an answer from someone who has a 4" and/or even 6" Model 48.
You may want to change the title of this thread to something more specific like, anyone have a Model 48?