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    You are at:Home»Celebrity Home»$2.5 Million Marge Schott House in Indian Hill, Ohio

    $2.5 Million Marge Schott House in Indian Hill, Ohio

    By Brian GibsonNovember 29, 2024
    Exterior view of the Marge Schott House, a historic building with brick architecture, lush greenery, and a welcoming front porch on a sunny day.

    Marge Schott, the controversial former owner of the Cincinnati Reds, lived in a sprawling estate in Indian Hill, Ohio. Her home reflected her larger-than-life personality and her love for the Reds. But there’s more to this Marge Schott House than meets the eye.

    Let’s dive into the world of Marge Schott and explore her infamous residence.

    Who is Marge Schott?

    Marge Schott was a businesswoman and sports team owner best known for her ownership of the Cincinnati Reds from 1984 to 1999. She was a polarizing figure in baseball, known for her outspoken nature and controversial statements. Schott’s net worth at the time of her death in 2004 was estimated to be around $123 million.

    While Schott didn’t own a yacht or private jet, she did have a passion for luxury cars. She was often seen driving her Rolls-Royce around Cincinnati. As for homes, Schott primarily resided in her Indian Hill estate, though she owned other properties in the Cincinnati area. She didn’t own any private islands, preferring to stay close to her beloved Cincinnati Reds.

    Marge Schott at a Glance

    DetailInformation
    Full NameMargaret Carolyn Schott (née Unnewehr)
    BornAugust 18, 1928
    DiedMarch 2, 2004
    OccupationBusinesswoman, MLB team owner
    Known forOwner of Cincinnati Reds (1984-1999)
    Net Worth$123 million (at time of death)
    Primary ResidenceIndian Hill, Ohio
    Notable AssetCincinnati Reds (sold in 1999)

    Where Does Marge Schott Live Now?

    Marge Schott passed away in 2004, but her primary residence during her later years was her estate in Indian Hill, Ohio. Indian Hill is an affluent suburb of Cincinnati, known for its large lots and luxurious homes. The area is about 10 miles northeast of downtown Cincinnati, offering a perfect blend of rural charm and city accessibility.

    Marge Schott House

    Marge Schott’s house in Indian Hill was a reflection of her larger-than-life personality. The sprawling estate sat on a large lot, typical of the Indian Hill area. While specific details about the house are limited, it’s known that the property was substantial and befitting a woman of Schott’s stature in Cincinnati society.

    1. Where Is Marge Schott’s House Located?

    Marge Schott’s house was located in Indian Hill, Ohio. Indian Hill is an exclusive suburb of Cincinnati, known for its large, estate-style homes and wooded lots. The exact address of Schott’s home isn’t publicly available, but it’s known to be in this prestigious area. Indian Hill is about a 20-minute drive from downtown Cincinnati and Great American Ball Park, where the Reds play their home games.

    2. Features of Marge Schott House

    The Marge Schott house was likely a large, traditional-style home, which is common in the Indian Hill area. These homes often feature brick or stone exteriors, multiple bedrooms and bathrooms, and expansive grounds. While we don’t have exact details of Schott’s home, it’s safe to assume it was designed with luxury and comfort in mind.

    Indian Hill homes of this caliber often boast high ceilings, large windows to let in natural light, and spacious living areas perfect for entertaining. Given Schott’s love for the Reds, it’s possible she had memorabilia or a dedicated space for her baseball collection.

    The architectural style of homes in Indian Hill often leans toward Colonial, Tudor, or French Country designs. These styles typically feature symmetrical facades, pitched roofs, and elegant detailing. Schott’s home likely followed one of these traditional styles, fitting in with the overall aesthetic of the neighborhood.

    3. Is Marge Schott House Listed for Sale?

    As of 2024, the Marge Schott house is not listed for sale. After Schott died in 2004, the property likely passed to her estate or family members. Without more recent information, it’s difficult to say what has happened to the property in the years since her passing.

    4. House Amenities

    While we don’t have specific details about Marge Schott’s house, luxury homes in Indian Hill often include these amenities:

    • Swimming pool
    • Tennis court
    • Home theater
    • Wine cellar
    • Gourmet kitchen
    • Multiple fireplaces
    • Home office
    • Fitness center
    • Guest house
    • Landscaped gardens

    5. Neighborhood Area

    Indian Hill is one of the most prestigious suburbs of Cincinnati. It’s known for its large lots, often 5 acres or more, which provide residents with privacy and space. The area is heavily wooded, giving it a rural feel despite its proximity to the city.

    The neighborhood is home to the Camargo Club, an exclusive country club with a golf course designed by Seth Raynor. Indian Hill also has its own private water company and police department, adding to its exclusivity.

    Schools in the area are highly rated, with Indian Hill High School consistently ranking among the best in Ohio. The community is tight-knit, with various social and charitable organizations active in the area.

    For shopping and dining, residents often head to nearby Kenwood Towne Centre or the charming village of Mariemont. However, Indian Hill itself is primarily residential, maintaining a quiet, pastoral atmosphere that its wealthy residents prize.

    Market Value

    DetailInformation
    Build YearUnknown (Many Indian Hill homes date to the early-mid 20th century)
    Purchase YearUnknown
    Purchase ValueUnknown
    Estimated Current Value$2.5 million – $3.5 million (based on comparable properties in Indian Hill)

    Please note that these figures are estimates based on the general real estate market in Indian Hill. Without specific details about Schott’s property, it’s difficult to provide an exact valuation.

    Marge Schott’s Real Estate Portfolio

    While Marge Schott’s primary residence was her Indian Hill estate, she did own other properties throughout her life. Here’s what we know about her real estate holdings:

    1. Indian Hill Estate: This was Schott’s primary residence for much of her adult life. The sprawling property in this exclusive Cincinnati suburb was where she lived until her death in 2004.
    2. Riverfront Stadium Suite: As owner of the Cincinnati Reds, Schott had access to a luxury suite at Riverfront Stadium (later known as Cinergy Field). While not a residence, this was a significant piece of real estate tied to her ownership of the team.
    3. Office at Riverfront Stadium: Even after selling her controlling interest in the Reds, Schott maintained an office at the stadium as part of her agreement with the new owners.
    4. Possible Downtown Cincinnati Property: There are mentions of Schott having some connection to property in downtown Cincinnati, though details are scarce. This could have been related to her business interests outside of baseball.
    5. Childhood Home: While not part of her adult portfolio, Schott grew up in Cincinnati. Her family’s home would have been in the area, though its exact location isn’t widely known.

    It’s worth noting that Schott was known more for her business acumen and her ownership of the Reds than for any extensive real estate holdings. Her Indian Hill estate was her primary and most well-known property.

    Conclusion

    Marge Schott’s house in Indian Hill, Ohio, was more than just a residence. It was a reflection of her status as a prominent figure in Cincinnati and Major League Baseball. While controversial in many ways, Schott’s impact on Cincinnati and its beloved Reds team is undeniable. Her Indian Hill estate, though not open to the public, remains a point of interest for those fascinated by this complex figure in baseball history.

    From its location in one of Cincinnati’s most exclusive suburbs to its likely luxurious amenities, the Marge Schott house tells a story of wealth, power, and a deep connection to the city of Cincinnati. Though Schott herself is no longer with us, her legacy – both positive and negative – continues to be a topic of discussion in the world of baseball and beyond.

    As we reflect on Marge Schott’s life and her Indian Hill estate, we’re reminded of the complex intersections between sports, business, and personal life that often characterize the stories of major sports team owners. Schott’s house, like her life, was larger than life – a testament to her success and her enduring place in Cincinnati’s history.

    Brian Gibson
    • Website

    Brian Gibson, HomedecorToday founder and editor, using 15 years of contracting experience to offer accessible DIY advice. He empowers homeowners with creative solutions and cost-saving tips, fostering a motivational community for home enhancement. Beyond sharing trends, Brian experiments with DIY prototypes to inspire HomedecorToday readers.

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