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A lakefront estate in northern Indiana that was owned by late Indianapolis Colts owner Jim Irsay for more than two decades is up for sale with an asking price of $19.9 million. It is among several residential properties in Indiana that were owned by Irsay to hit the market since his death earlier this year.
Encore Sotheby’s International Realty put the multi-structure compound on the shores of Lake Maxinkuckee in Culver on the market Wednesday. It is being sold by a trust controlled by his three daughters, who now own the team: Colts CEO Carlie Irsay-Gordon, Executive Vice President Casey Foyt and Chief Brand Officer Kalen Jackson.
The nearly 6-acre estate includes a 13,956-square-foot residence, an entertainment complex with bowling alley, an indoor pool house, a guest house and an eight-car garage. Irsay, who died May 21 at age 65, bought the land in 2000 and had the estate built in 2001.
The asking price far exceeds the record price for an estate sold in Indiana: the $14.5 million sale of a 150-acre property that belonged to late philanthropist and businesswoman Christel DeHaan, which took place in September 2022.
Irsay’s Culver estate features the largest private dock on Lake Maxinkuckee and 35,000 square feet of finished living spaces in multiple structures. The main four-level residence has eight bedrooms, four fireplaces, an elevator, sleeping porches and 12 bathrooms.
An adjacent indoor-pool house has motorized retractable lake-facing doors, a hot tub, steam room, fireplace lounge and heated pavers.
The three-bedroom guest house is connected to main residence by a 350-foot underground tunnel.
A separate barnlike entertainment complex has a four-lane professional-grade bowling alley, arcade, indoor shooting range and club-style bar.
In a written statement from the Colts published by The Wall Street Journal, Irsay-Gordon, Foyt and Jackson said the property had been “a place of peace, joy, and connection for decades.”
“This property has been a quiet retreat from the busyness of life, a place where we’ve gathered as a family, celebrated milestones, and created some of our most cherished memories,” they said in the statement. “From sunrise boat rides to long summer evenings on the porch, every corner of the property holds a story. We learned to fish off the dock, roasted marshmallows under the stars, and shared countless laughs around the kitchen table.”
The Culver property is at least the fourth that was owned by Irsay to hit the market in Indiana since his death.
In late July, his 9.4-acre estate in Carmel bordering Crooked Stick Golf Club was listed for $12 million. Five days later, a pending sale for the property was listed by The Decatur Group of Century 21 Scheetz agents Stephen Decatur and Jan Sutton. The pending sale price was undisclosed.
On Aug. 15, an estate at 1616 W. 116th St. in Carmel was sold by the Irsay trust for $2.75 million after being listed for $2.2 million on July 1. The 10-acre property included a 9,065-foot main residence with five bedrooms that was built in 1980, a guest home and a cabin. It was acquired by Schoolhouse Six LLC, an entity created Aug. 4 and controlled by attorney Valerie Kucic.
On Wednesday, another Culver property owned by the Irsay family was listed by Andrea Kelly, the same Encore Sotheby’s International agent representing the Lake Maxinkuckee estate.
Listed for $6.95 million, the property at 17052 State Road 110 spans more than 72 gated acres and includes multiple buildings, including a recreational barn with a full indoor tennis court, fitness center and six-car heated garage.
The compound has a heated outdoor infinity pool, 3-acre stocked lake with dock, a helipad, ATV trails and hunting grounds. The site is on the edge of Horseshoe Farms golf course, which also was owned by Irsay and designed by legendary Hoosier course designers Pete and Alice Dye.
The Washington Post reported Thursday that Irsay spent the last two years of his life in the throes of a drug relapse that he and Colts executives repeatedly hid from the public. This relapse, and his death, came as he was under the care of a “luxury” recovery doctor prescribing Irsay opioids—and, eventually, ketamine—at amounts that worried people close to him, the newspaper said, citing interviews with five people who spoke on the condition of anonymity.
Irsay was ranked as the third-richest man in Indiana by Forbes early this year prior to his death, with a net worth of $4.8 billion.
Editor’s note: This story has been updated with information on a fourth Indiana property once owned by Jim Irsay that was put on the market this year.
This lake home in Culver, Indiana, was owned by the late Indianapolis Colts owner Jim Irsay and was listed for $19.9 million. Also on the property are an indoor pool house, three-bedroom guest house and eight-car garage. (Photo courtesy of The Addison Group)
The lakeside retreat of the late Indianapolis Colts owner Jim Irsay includes a three-bedroom, three-bathroom guest house in addition to the 14,000-square-foot main house. (Photo courtesy of The Addison Group)
This lake home in Culver, Indiana, was owned by the late Indianapolis Colts owner Jim Irsay and was listed for $19.9 million. It includes eight bedrooms, 10 full bathrooms, and four fireplaces, among other amenities. (Photo courtesy of The Addison Group)
This lake home in Culver, Indiana, was owned by the late Indianapolis Colts owner Jim Irsay and was listed for $19.9 million. The property features 250 feet of lake frontage as well as a 4,000-square-foot private dock. (Photo courtesy of The Addison Group)
This lake home in Culver, Indiana, was owned by the late Indianapolis Colts owner Jim Irsay and was listed for $19.9 million. It includes eight bedrooms, 10 full bathrooms, and four fireplaces, among other amenities. (Photo courtesy of The Addison Group)
This lake home in Culver, Indiana, was owned by the late Indianapolis Colts owner Jim Irsay and was listed for $19.9 million. It includes eight bedrooms, 10 full bathrooms, and four fireplaces, among other amenities. (Photo courtesy of The Addison Group)
This lake home in Culver, Indiana, was owned by the late Indianapolis Colts owner Jim Irsay and was listed for $19.9 million. It includes eight bedrooms, 10 full bathrooms, and four fireplaces, among other amenities. (Photo courtesy of The Addison Group)
This lake home in Culver, Indiana, was owned by the late Indianapolis Colts owner Jim Irsay and was listed for $19.9 million. It includes eight bedrooms, 10 full bathrooms, and four fireplaces, among other amenities. (Photo courtesy of The Addison Group)
This lake home in Culver, Indiana, was owned by the late Indianapolis Colts owner Jim Irsay and was listed for $19.9 million. Also on the property are an indoor pool house, three-bedroom guest house and eight-car garage. (Photo courtesy of The Addison Group)
This lake home in Culver, Indiana, was owned by the late Indianapolis Colts owner Jim Irsay and was listed for $19.9 million. Also on the property are an indoor pool house, three-bedroom guest house and eight-car garage. (Photo courtesy of The Addison Group)
This lake home in Culver, Indiana, was owned by the late Indianapolis Colts owner Jim Irsay and was listed for $19.9 million. It includes eight bedrooms, 10 full bathrooms, and four fireplaces, among other amenities. (Photo courtesy of The Addison Group)
This lake home in Culver, Indiana, was owned by the late Indianapolis Colts owner Jim Irsay and was listed for $19.9 million. Also on the property are an indoor pool house, three-bedroom guest house and eight-car garage. (Photo courtesy of The Addison Group)
This lake home in Culver, Indiana, was owned by the late Indianapolis Colts owner Jim Irsay and was listed for $19.9 million. Also on the property are an indoor pool house, three-bedroom guest house and eight-car garage. (Photo courtesy of The Addison Group)
This lake home in Culver, Indiana, was owned by the late Indianapolis Colts owner Jim Irsay and was listed for $19.9 million. It includes eight bedrooms, 10 full bathrooms, four fireplaces, and an indoor shooting range, among other amenities. (Photo courtesy of The Addison Group)
This lake home in Culver, Indiana, was owned by the late Indianapolis Colts owner Jim Irsay and was listed for $19.9 million. It includes eight bedrooms, 10 full bathrooms, and four fireplaces and an arcade and bar, among other amenities. (Photo courtesy of The Addison Group)
This lake home in Culver, Indiana, was owned by the late Indianapolis Colts owner Jim Irsay and was listed for $19.9 million. It includes eight bedrooms, 10 full bathrooms, and four fireplaces and an arcade and bar, among other amenities. (Photo courtesy of The Addison Group)
This lake home in Culver, Indiana, was owned by the late Indianapolis Colts owner Jim Irsay and was listed for $19.9 million. It includes eight bedrooms, 10 full bathrooms, four fireplaces and a private bowling alley, among other amenities. (Photo courtesy of The Addison Group)
This lake home in Culver, Indiana, was owned by the late Indianapolis Colts owner Jim Irsay and was listed for $19.9 million. It includes eight bedrooms, 10 full bathrooms, and four fireplaces, among other amenities. (Photo courtesy of The Addison Group)
This lake home in Culver, Indiana, was owned by the late Indianapolis Colts owner Jim Irsay and was listed for $19.9 million. Also on the property are an indoor pool house, three-bedroom guest house and eight-car garage. (Photo courtesy of The Addison Group)
This lake home in Culver, Indiana, was owned by the late Indianapolis Colts owner Jim Irsay and was listed for $19.9 million. Also on the property are an indoor pool house, three-bedroom guest house and eight-car garage. (Photo courtesy of The Addison Group)
The lakeside retreat of the late Indianapolis Colts owner Jim Irsay includes a three-bedroom, three-bathroom guest house in addition to the 14,000-square-foot main house. (Photo courtesy of The Addison Group)
This lake home in Culver, Indiana, was owned by the late Indianapolis Colts owner Jim Irsay and was listed for $19.9 million. Also on the property are an indoor pool house, three-bedroom guest house and eight-car garage. (Photo courtesy of The Addison Group)
This lake home in Culver, Indiana, was owned by the late Indianapolis Colts owner Jim Irsay and was listed for $19.9 million. Also on the property are an indoor pool house, three-bedroom guest house and eight-car garage. (Photo courtesy of The Addison Group)
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Wow! I like this better than the Carmel estate!
Nice to see that local taxpayers’ covering (ongoing) costs of his football stadium afforded Irsay a little luxury.
Most of CIB’s revenue is from excise taxes on hotel rooms, rental cars, and meals consumed downtown – much of which is from people outside of the Indy area.
IIRC Marion and the donut counties are all paying increased food/beverage taxes for not only Lucas Oil Stadium, but also the yet-to-be-paid-off Hoosier Dome …
Joe is correct. It’s no longer just hotel and rental car taxes but also a food and beverage tax that all diners (including residents) pay. Also, the food & beverage tax was expanded to the donut counties to pay for LOS except for Morgan County, which elected not to participate.
They also sold the land at 1430 W 116th St for $3.75 million and some vacant land off Hoover Rd in Carmel for a few million.
It’s not breaking news when I read about it in the Wall Street Journal yesterday.
Meaning 8/27
I guess the big questions is was public money used for illicit drug transactions that fed Irsay’s addictions and death…Curious if there will be an investigation??
Clark – you win the award for worst comment year to date.