In 1981 he received his MBA degree from Indiana University (Financial Economics). In 1984 he graduated with Honors from the Indiana University School of Law and joined Ice Miller Donadio and Ryan, Indianapolis, Indiana, as an associate, becoming a partner active in both the Real Estate and Municipal Finance Sections of the firm in 1991. His legal practice focused on taxable and tax-exempt financing for, and development of, single-family and multifamily housing. Mr. Stoffregen served in a bond counsel capacity to the Indiana Housing Finance Authority and other Indiana issuers for various housing related tax-exempt bond/financing programs. He represented numerous for-profit and not-for-profit multifamily housing developers, lenders and investors, primarily in the area of low income housing tax credit, financing and development issues.

In 1992, Mr. Stoffregen withdrew from Ice Miller and joined Pedcor Investments where he is directly responsible for all development, construction and financing activities. He is a director/member of the executive committee of Fidelity Federal Bancorp, which is the holding company for United Fidelity Bank. He is currently Executive Vice President and COO of Pedcor Investments.

He has also been a director of the Martin Luther King Community Development Corporation (1991 to 2000) and currently serves on the board of directors for Coburn Place, a not-for-profit that operates as a safe haven for victims of domestic violence.