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.