Charm began as a village called Stevenson around the 1860s. In 1886 the community made application for a post office. The government submitted a list of town names from which the patrons of the post office could choose. The patrons chose Charm. The community also had another name change being that originally it was recorded to be in Germantown Township. However, in 1918 Holmes County changed the township name to Clark Township. This is the only township in Holmes County that has undergone a name change. Early records for Charm show the following businesses: a harness shop, a jewelry & watch-repair shop, a cheese factory, feed mills, & general stores.
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