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Parker City Info. Parker City, Indiana is located in Randolph County. Zip codes in Parker City, IN include 47368. The median home price in Parker City is $11 which is roughly $52/per square foot.
The first settlers arrived in the area that is now Parker in the early 1840s. The town was named after William C. Parker, the son of the area's first known settler, John C. Parker.It was incorporated as a city on March 22, 1969.t is 26 miles (42 km) northeast of the center of Dallas. According to the United States Census Bureau, the city has a total area of 8.0 square miles (20.6 km 2), of which 0.04 square miles (0.1 km 2), or 0.39%, is water.