Sec. 5. If a right of redemption exists in the owner of a interest in real property described in section 4 of this chapter that is asserted in the time and manner allowed and permitted by law, it shall be treated as any other private interest in real property acquired for public use by the department. However, if the county or municipality has placed any improvements upon the real property after acquiring the real property, the department shall pay the reasonable value of the improvements. If the reasonable value of the improvements cannot be determined by agreement, the department may proceed in the name of the state in the exercise of the right of eminent domain to condemn and acquire the real property.
As added by P.L.18-1990, SEC.227.
Structure Indiana Code
Title 8. Utilities and Transportation
Article 23. Indiana Department of Transportation
Chapter 18. Acquisition of Public Property for Highways
8-23-18-1. Authority for Acquisition
8-23-18-2. Use of Eminent Domain
8-23-18-3. Voluntary Conveyances and Grants by Political Entities
8-23-18-4. Tax Delinquent Lands; Acquisition
8-23-18-5. Tax Delinquent Lands; Acquisition After Assertion of Right of Redemption
8-23-18-6. Validation Grants and Conveyances by Political Entities