Former VP and wife purchase Zionsville home for $1.93 million

INDIANAPOLIS — Former Vice President Mike Pence and his wife Karen have purchased a 7-bedroom, 7½-bathroom house near Zionsville for $1.93 million, a clear sign that national office and its notoriety have financially elevated the couple after years of modest living.

The Pences took out a $1.54 million mortgage on the house, online property records from the Hamilton County recorder’s office show. They paid $130,000 above the list price of $1.8 million.

The 10,349-square-foot house sits on five acres and offers “all the luxuries of life,”  according to a listing on Realtor.com. Amenities include a dock overlooking a pond, a “stunning” in-ground pool at the back of the house that offers a “party-like atmosphere,” a workout room and a ⅓-sized indoor basketball court, the listing says.

The house, which is in Hamilton County and has a Zionsville address, appears to have the restful corners needed to ponder a potential run for the presidency in 2024 and enough flash to entertain potential donors.

The house is a significant step up from the previous homes the couple owned before Mike Pence was elected Indiana’s governor in 2012 and later ascended to the vice presidency as Donald Trump’s running mate—a reflection of the wealth that many former presidents and vice presidents can accumulate from book deals and speaking fees after leaving office. 

When Pence began serving as a congressman in 2001, the couple owned a modest 1,447-square-foot brick ranch with three bedrooms and two baths in Pence’s hometown of Columbus. It sold for $147,500 in 2013, according to Realtor.com.

For more on this story, see Thursday’s Republic.