Former pharmaceutical exec’s Zionsville home hits market for $11.9M

The Lewin Estate, 4141 W. 116th St. in Zionsville, is on the market for $11.9 million. (Provided photo/Courtesy of The Addison Group)

An 18-acre estate on the western edge of Hamilton County has been put on the market with an asking price of just less than $12 million.

The property, owned by former pharmaceutical executive Rene Lewin and his wife, Karen, was listed late last week by Carmel-based Encore Sotheby’s International Realty, a brokerage specializing in high-end homes. While it has a Zionsville address, the home at 4141 W. 116th Street is in Clay Township, just east of the Boone County line.

The estate, listed for $11.9 million, features five bedrooms and eight bathrooms across more than 14,200 square feet. The Georgian-style home also has a wine cellar, along with a theater room, wet bar and billiards lounge, and it has a pool with a pool house, multiple porches, a guest house, tennis court, gazebo and horse barn.

It has a four-car attached garage, with additional detached covered parking for another four vehicles.

Mark Zukerman, CEO of Encore Sotheby’s and the listing agent on the property, said the Lewin family’s decision to sell the property was made “several months ago” as part of an effort to downsize its physical assets. The home was built in 2003 and has only ever been owned by the Lewins.

“The Lewins have done an amazing job of maintaining the integrity, not only of the architectural style, but also of the grounds in how they have been able keep it in the condition that is meant to be maintained,” Zukerman said.

Rene Lewin is president of venture fund RRL Capital LLC, which he founded in 2016. The Naples, Florida-based company invests in start-up technology businesses.

Lewin, who now resides in Naples, according to his LinkedIn profile, was a human resources executive at Indianapolis-based pharmaceutical giant Eli Lilly and Co. from 1970 to 1994 and New Jersey-based pharma company Wyeth (now Pfizer) from 1994 to 2008.

He was also a visiting professor in the Purdue University Krannert School of Management’s master’s of business administration program for four years and is on the school’s board of advisers.

Rene and Karen Lewin also manage a charitable fund in their names, which gives annually to numerous foundations, including Gleaners Food Bank, and established a scholarship endowment for women and minorities at the Krannert school.

The listing is the latest in a series of large area estates to go on the market in recent years, including the home of Jim Irsay, who died earlier this year. The Irsay property is under contract to an undisclosed buyer after being listed for $12 million.

Zukerman said he was not able to discuss who might be buying the Irsay home, which is listed by agents Stephen Decatur and Jan Sutton with The Decatur Group of Century 21 Scheetz.

Correction: This story has been updated with the proper spelling of Mark Zukerman’s last name.