Property Valuation
Assemblage in Indiana real estate refers to:
AThe process of constructing a multi-family building
BCombining two or more adjacent parcels into a single larger parcel, often resulting in a higher combined value (plottage)✓ Correct
CPreparing a subdivision plat
DInstalling utilities on undeveloped land
Explanation
Assemblage is the combining of two or more adjacent parcels. The resulting increase in value above the sum of the individual parcels is called plottage value — the assembled parcel is worth more because of its combined size and potential.
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