{"data":{"id":"us-in/ic-6-1.1-23.9-2.5","jurisdiction":"us-in","citation":"IC 6-1.1-23.9-2.5","heading":"\"Severed interest\"","body":"Sec. 2.5. \"Severed interest\" means:\n(1) an improvement;\n(2) mineral rights;\n(3) air rights;\n(4) water rights; or\n(5) other rights in property in, on, under, or above the land;\nfor which the owner or holder of the interest identified in the current real property tax records of the county auditor is sent a separate property tax statement.","path":["TITLE 6. TAXATION","ARTICLE 1.1. PROPERTY TAXES","Chapter 23.9. Definitions Applicable to Chapters 24, 24.5, and 25"],"source_url":"https://iga.in.gov/ic/2026/Title_6.html#6-1.1-23.9-2.5","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-09T01:51:39Z","sha256":"a8b702b4c3bd61a411d2735b0d039532338057f94830d826f83a71067e3d778d","source_id":"us-in","stale":false,"prev":"us-in/ic-6-1.1-23.9-2","next":"us-in/ic-6-1.1-23.9-3"},"notice":"GroundRules: Original legal text. Not legal advice."}