Late Indianapolis Colts Owner Jim Irsay’s Carmel Mansion Sells for $11.75 Million—Just 4 Months After His Death

The Indiana home of late Indianapolis Colts owner Jim Irsay has sold for $11.75 million—four months after he died following a string of health issues.

The expansive property in Carmel, IN, initially hit the market on July 30 for $12 million—two months after Irsay passed away in California.

Although Irsay didn't appear to have owned any property in Los Angeles, he did own an abode in Indiana, which was built in 1996 and sprawls across 26,420 square feet.

It is made up of four residences and boasts seven bedrooms and 12.5 bathrooms as well as a resort-style pool and a number of cozy fireplaces.

The property is surrounded by lush landscaping and comes with its very own golf course.

“This is one of Malibu’s most special properties with a rich history tied to a legend like Johnny Carson. Its positioning, its architectural integrity, and the location are phenomenal.

"It’s situated closer to the bluff than you could ever build today, offering sweeping views of Little Dume Beach and the cove in one direction, and panoramic coastline views stretching down the coast in the other," Chris Cortazzo, of Compass, says of the home.

The home comes complete with a stunning home theater, zen garden, a speakeasy, and a six-car garage.

According to the listing, the property was "designed for both serenity and grandeur," making it one of "central Indiana's most iconic and private residential offerings."

The grounds even boast two stand-alone guest homes, one of which measures 2,700 square feet.

The property was initially sold on Sept. 15. It is unclear who the new owner is.

The CEO passed away at the age of 65 in May. He began presiding over the NFL team in 1997, taking over after the death of his father, Bob Irsay. The younger Irsay was just 37, making him the youngest owner of an NFL team.

Irsay led the Colts to two Super Bowls, including a 2006 victory over the Chicago Bears, one of just two championship titles in the team's history.

In a May 21 statement released by the team, Colts Chief Operating Officer Pete Ward said Irsay died in his sleep.

"We are devastated to announce our beloved Owner & CEO, Jim Irsay, passed away peacefully in his sleep this afternoon.

"Jim's dedication and passion for the Indianapolis Colts in addition to his generosity, commitment to the community, and most importantly, his love for his family were unsurpassed," the statement read.

"We were deeply saddened to learn of Jim Irsay's passing today. Jim was a friend, and a man deeply committed to his family, the game, the Colts, and the Indianapolis community," NFL Commissioner Roger Goodell said in a statement.

"He led with integrity, passion and care for the Colts' players, coaches and staff, and his courageous work in support of mental health will be a lasting legacy. On behalf of the entire NFL, I extend my heartfelt condolences to Jim's daughters and their families, and to his many friends throughout the NFL."

Peyton Manning, Football Hall of Fame quarterback and one of the most famous Colts players in history, also expressed his sadness over Irsay's death.

"I am heartbroken to hear about Jim Irsay's passing. He was an incredibly generous and passionate owner and I will always be indebted to him for giving me my start in the NFL. His love for the Colts and the city of Indy was unmatched. His impact on the players who played for him will not be forgotten.

"My thoughts and prayers are with his family and everyone in the Colts community. He will be missed. Jim, rest in peace my friend," Manning said on a post shared on social media.

Irsay is survived by daughters Carlie Irsay-Gordon, Casey Foyt, and Kalen Jackson; his ex-wife and daughters' mother, Meg Coyle; and 10 grandchildren.

Irsay-Gordon, his eldest daughter, has been the most involved in the team's operations. She even took her dad's place when he was suspended in 2014 following his DWI arrest.

It is believed that ownership of the Colts will be transferred to each of his daughters, with the children having been given an ownership title in 2012. It is unclear how much of the team was transferred over.

Before his death, Irsay insisted that no one other than the Irsay family would own the team.

"We're keeping 100% of the team, and I'm passing it on to my children," he said.

Although the cause of death has yet to be released, Irsay was known to have long struggled with addiction and health problems.

In 2023, the NFL owner came under fierce scrutiny when he was hospitalized after first responders discovered him unconscious in his bedroom, with police suspecting the incident was a result of an overdose.

Following his hospitalization, Irsay was not seen for several weeks. The Colts released a statement that claimed he was being treated for a "severe respiratory illness."

Irsay did not attempt to hide his battle with alcoholism and once admitted in an interview with HBO Sports that he had been to rehab at least 15 times.

One of those stints is believed to have followed his arrest for driving while intoxicated. He pleaded guilty to the misdemeanor and was sentenced to one year of probation.

Irsay's father also battled an alcohol addiction and when he died from complications of a stroke, Irsay took principal ownership of the Colts at age 37.

Though he was the youngest owner of an NFL team, he was heavily involved in the league and was even one of the pros appointed by NFL Commissioner Pete Rozelle to help create the NFL's salary cap.