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More property formerly owned by Jim Irsay sold in Carmel

October 22, 2025 by WTTV - CBS 4

CARMEL, Ind. — More property formerly owned by Jim Irsay has been sold in Carmel.

Public records indicate a home located along Clay Center Road was sold this month by the operators of a trust set up by the former Indianapolis Colts owner. The property on Clay Center Road is situated about two miles from what used to be Irsay’s primary residence, which borders Crooked Stick Golf Club.

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Photos of Irsay’s home located along Crooked Stick Golf Club.

Records indicate the new deeded owner of the Clay Center Road Property is Wade Haven Holdings LLC. Indiana’s business database indicates that Wade Haven Holdings is based in Zionsville.

The address attached to Wade Haven Holdings LLC is also tied to AES Restaurant Group, LLC. According to its website, AES Restaurant Group was founded by John Wade in 2004.

AES Restaurant Group’s website also indicates that the company became the second-largest franchisee of Arby’s restaurants with its acquisition of 40 locations across Florida, North Carolina and Virginia on May 6. AES Restaurant Group currently owns 229 Arby’s locations in 17 states.

Hamilton County property records do not indicate exactly how much Irsay’s property on Clay Center Road was sold for. His estate near Crooked Stick was purchased for nearly $11.75 million in September.

Property records available on Irsay’s Crooked Stick home do not shed light on who currently owns the parcel. The home was transferred from the estate of a James Steven Irsay to a 1721 W 116th Street LLC on Sept. 23. A search of “1721 W 116th Street LLC” in Indiana’s business records database does not yield any results. So, as of Tuesday night, the buyer of Irsay’s home near Crooked Stick remains a mystery.

Irsay’s home on Lake Maxinkuckee in Culver has also been put up for sale. The asking price for that home is nearly $20 million.

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Photos of Irsay’s home on Lake Maxinkuckee courtesy of Sotheby’s Realty.

A report from the Indiana Business Journal indicates Irsay’s private golf course in Culver also has a pending sale.

Public records indicate the golf course is located along 20B Road. Those same records show that the course was owned by Mystic Hills Golf Course Inc. before Kaserlie LLC purchased it.

Indiana’s public business database lists Irsay as Kaserlie LLC’s “governing person.” The address listed for Kaserlie LLC currently houses the Indianapolis Colts’ Indiana Farm Bureau Football Center.

According to Golf Pass, Mystic Hills Golf Course — as it was known before Irsay bought the property — was built in 1998 and designed by legendary golf course architect Pete Dye.

A Golf.com profile indicates the course is now private and known as Horseshoe Farms. It’s an 18-hole, par 71 course. Its total length measures 8,135 yards, and the course is laid out on bent grass.

Golf Pass listed Mystic Hills Golf Course among its top 15 golf courses in Indiana in 2016.

To read more about Irsay’s life and legacy, click here and here.

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