In 1837, Carpenter came to Evansville to engage in the wholesale dry goods business. Carpenter soon had to take on and settle the challenges of the 1837 financial crash. Through part-ingenuity and part-tenacity, he came out of the crash quite successful and soon thereafter married Miss Lucina Burcalow, of Saratoga County, N.Y.
Their home was completed in 1849 and built in a pure Georgian style. Indiana limestone was cut mimic my formal stone for the brick-and-stone look that Carpenter intended. Carpenter was lavish in his interior spending, with all furniture purchased in either Europe or New York City and Italian marble used for the fireplaces.
Eventually the Great Depression led to the Carpenter descendants selling the house to the Funkhouser American Legion Post for $3,500. In 1956, the property was sold again to WTVW/TV7, who had no use for the house and intended to demolish the house. However, the demolition never occurred, and the house eventually was sold in 1974 to Medco, who began the process of restoring the historic home. WNIN then purchased the restored home in 1985 and has maintained its restored status.