Ownership Submission
FORM 5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Form 3 Holdings Reported
Form 4 Transactions Reported
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person *
MCGINTY JOHN C JR
 2. Issuer Name and Ticker or Trading Symbol
IRWIN FINANCIAL CORP [IFC] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)

C/O IRWIN FINANCIAL CORPORATION, 500 WASHINGTON STREET		 3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
12/31/2004
(Street)


COLUMBUS, IN 47201		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Reporting
(check applicable line)

_X_ Form Filed by One Reporting Person
___ Form Filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned at end of Issuer's Fiscal Year
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Amount (A) or (D) Price
COMMON STOCK 12/08/2004   G 1,502 D $ 0 15,458 (1) D  
COMMON STOCK 12/30/2004   J 47 A $ 0 15,505 (2) D  
COMMON STOCK 12/08/2004   G 1,502 A $ 0 4,699 (3) I by spouse
COMMON STOCK 12/14/2004   G 800 D $ 0 3,899 I by spouse

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 2270 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned at End of Issuer's Fiscal Year
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
(A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
NON-QU. STOCK OPTION (right to buy) $ 13.6875             (4) 04/29/2007 COMMON STOCK
1,120
  1,120
D
 
NON-QU. STOCK OPTION (right to buy) $ 15.65             (4) 02/13/2012 COMMON STOCK
3,300
  3,300
D
 
NON-QU. STOCK OPTION (right to buy) $ 16.9687             (4) 04/25/2010 COMMON STOCK
2,700
  2,700
D
 
NON-QU. STOCK OPTION (right to buy) $ 21.38             (4) 04/24/2011 COMMON STOCK
2,400
  2,400
D
 
NON-QU. STOCK OPTION (right to buy) $ 22.46             (4) 04/24/2013 COMMON STOCK
2,500
  2,500
D
 
NON-QU. STOCK OPTION (right to buy) $ 24.0937             (4) 04/28/2009 COMMON STOCK
1,855
  1,855
D
 
NON-QU. STOCK OPTION (right to buy) $ 25.68             (4) 08/16/2014 COMMON STOCK
2,100
  2,100
D
 
NON-QU. STOCK OPTION (right to buy) $ 28.1875             (4) 04/20/2008 COMMON STOCK
560
  560
D
 

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
MCGINTY JOHN C JR
C/O IRWIN FINANCIAL CORPORATION
500 WASHINGTON STREET
COLUMBUS, IN 47201		   X      

Signatures

/s/ John C. McGinty Jr. 01/10/2005
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Includes transfer of shares to spouse
(2) Includes 47 additional shares acquired under the Irwin Financial Corporation Dividend Reinvestment Plan. The Plan provides for the purchase of fractional shares. The number reported is the nearest whole number.
(3) Includes transfer of shares from reporting person.
(4) The Plan provides for phased-in vesting of rights to exercise granted stock options. In the year of the grant, optionee may exercise 25% of total options granted. In each of the three years immediately following the year of the grant, optionee may exercise an additional 25% of the options granted. Grant of option was made to reporting person in transaction exempt under Rule 16b-3.

Note: File three copies of this Form, one of which must be manually signed. If space provided is insufficient, see Instruction 6 for procedure.

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