Listing courtesy of Redlow Group · Listing agent: Tia Williams

Virtual tour
Under contractSite-Built Home

7126 S 550 E

$205,000

$89.60 / sq ft

Peru, IN 46970Rural

  • 1.5 acres
  • 2-car garage
  • Energy efficient
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Bedrooms
3
Bathrooms
1.5
Living area
2,288 sq ft
Lot
1.5 ac
Year built
1864
Type
Site-Built Home
Listed
August 22, 2026
MLS #
202634450

About this home

Welcome to country living at 7126 S 550 E in Peru! Set on approximately 1.5 acres surrounded by Hoosier farmland and mature trees, this 3 bedroom, 1.5-bath farmhouse offers the space, character and deep rural setting that are becoming harder to find. A metal roof is a major exterior highlight, while an enclosed front porch and large barn/outbuilding add to the property’s classic rural appeal. Inside, you’ll find generously sized living spaces with plenty of natural light, warm wood details and a layout that reflects the home’s farmhouse roots. The main level features a bedroom, spacious living areas, dedicated dining room, kitchen with abundant cabinetry, mudroom and convenient laundry space. Two additional bedrooms are located upstairs, including notably large rooms with plenty of flexibility for bedrooms, hobbies, an office or additional living space. A pellet stove provides another cozy country home feature. This is an older home with character and room for cosmetic updates, offering the next owner an opportunity to make it their own while enjoying the space and setting already in place. For those who would rather spend weekends on the water or exploring outdoors, the location is hard to beat. Mississinewa Lake is approximately 3 miles away, Miami State Recreation Area is approximately 2.7 miles away, and Seven Pillars Nature Preserve is approximately 6 miles away. Fishing, boating, hiking and some of the area’s best outdoor recreation are just minutes from home. Whether you’re looking for room to garden, space for hobbies, a country setting near the reservoir, or a farmhouse with land and potential, this property offers a slice of rural Indiana ready for you to put down roots. Home is being sold as-is and includes a one-year home warranty for added buyer peace of mind and seller is also offering up to $5,000 in concessions with an acceptable offer.

Property details

Interior

Levels
Two and a Half
Total rooms
6
Total area
2,288 sq ft
Finished area above grade
2,288 sq ft
Bedrooms above grade
3
Full baths, main level
1
Half baths, upper level
1
Basement
Crawl Space
Heating
Natural Gas, Hot Water
Cooling
Window Unit(s)
Laundry
Main Level

Exterior & parking

Construction
Aluminum Siding, Vinyl Siding
Garage spaces
2
Attached garage
Yes
Garage type
Attached
Garage sq ft
600 sq ft
Private pool
No
New construction
No
Energy-efficient features
Water Heater

Waterfront & lake

Waterfront
No

Lot

Subdivision
Rural
Lot features
Level
Lot size (acres)
1.5 ac
Lot dimensions
396x165
County
Miami County
Township
Butler
Platted
Yes
Planned unit development
No
Directions
GPS Friendly

Schools

Elementary school
Pipe Creek/Maconaquah
Middle school
Maconaquah
High school
Maconaquah
School district
Maconaquah School Corp.

Taxes & terms

Annual taxes
$770
Tax year
2025
Listing terms
Cash, Conventional, USDA Loan
Possession
At Closing
Parcel number
52-12-33-200-002.002-003

Included in the sale

Included in sale
Dishwasher

Utilities

Water
Well
Well
Private
Sewer
Septic Tank

Location

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