IBJNews

Fed review finds Indiana highway land deals compliant

Back to TopCommentsE-mailPrintBookmark and Share

A review published Wednesday found the prices that Indiana paid to buy land for the Interstate 69 extension and other federally funded highway projects met federal standards.

The Federal Highway Administration report found Indiana Department of Transportation records were adequate and sufficient to support prices paid to landowners and that the state records substantially complied with federal record-keeping guidelines.

In four cases, INDOT records were missing some documents that the agency eventually provided the review team comprised of FHA real estate staff based in Washington, D.C., Indiana, Georgia and Texas and members of INDOT's own real estate staff.

The review covered 50 land purchases over the last three years for projects that included the Interstate 69 extension to Evansville, the Hoosier Heartland Corridor in northern Indiana and the U.S. 31 expansion in Hamilton County north of Indianapolis.

The review began after The Indianapolis Star reported last year that INDOT had offered $7 million for 32 properties that appraisers had valued at $3.34 million.

INDOT already has taken steps to address issues identified during the review, the state agency said, "by supplementing parcel files with additional documentation, initiating an update of INDOT's Real Estate Manuals and planning to offer comprehensive right-of-way training for staff and consultants."

INDOT said in a news release that, "The report recommends that appraisers review any counter offers and additional written notices be provided to property owners."

ADVERTISEMENT

Post a comment to this story

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
ADVERTISEMENT