-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 PprTvfg2XpSN7gCGNDHUiserTPa3O14cPU52L8NFhv0hhaKxsXcbib0RCPaQReA3
 ntjc1iih0RIFvJ/d8AfQPQ==

<SEC-DOCUMENT>0000914317-04-003751.txt : 20041020
<SEC-HEADER>0000914317-04-003751.hdr.sgml : 20041020
<ACCEPTANCE-DATETIME>20041020133550
ACCESSION NUMBER:		0000914317-04-003751
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20041019
FILED AS OF DATE:		20041020
DATE AS OF CHANGE:		20041020

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			CARNES J DAVID
		CENTRAL INDEX KEY:			0001069484
		STATE OF INCORPORATION:			IN
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-26012
		FILM NUMBER:		041087112

	BUSINESS ADDRESS:	
		STREET 1:		5845 W 200 S
		CITY:			HUNTINGTON
		STATE:			IN
		ZIP:			46750
		BUSINESS PHONE:		2193563311

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NORTHEAST INDIANA BANCORP INC
		CENTRAL INDEX KEY:			0000942898
		STANDARD INDUSTRIAL CLASSIFICATION:	SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035]
		IRS NUMBER:				371344113
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		648 N JEFFERSON ST
		CITY:			HUNTINGTON
		STATE:			IN
		ZIP:			46750
		BUSINESS PHONE:		2193563311

	MAIL ADDRESS:	
		STREET 1:		648 N JEFFERSON ST
		STREET 2:		PO BOX 70
		CITY:			HUNTINGTON
		STATE:			IN
		ZIP:			46750-0070
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>form4-63574_dcex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2004-10-19</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000942898</issuerCik>
        <issuerName>NORTHEAST INDIANA BANCORP INC</issuerName>
        <issuerTradingSymbol>NEIB</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001069484</rptOwnerCik>
            <rptOwnerName>CARNES J DAVID</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>37 NORTHWAY DRIVE</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>HUNTINGTON</rptOwnerCity>
            <rptOwnerState>IN</rptOwnerState>
            <rptOwnerZipCode>46750</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>19382</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Non-Qualified Stock Options</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>9.710</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2004-10-19</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>M</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>1000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>9710</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <value>1997-01-15</value>
            </exerciseDate>
            <expirationDate>
                <value>2006-01-15</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>8202</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>8202</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <ownerSignature>
        <signatureName>/s/ David Carnes</signatureName>
        <signatureDate>2004-10-19</signatureDate>
    </ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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