Land Use & Zoning
Indiana's Statewide Transportation Improvement Program (STIP) can affect real estate values because:
AIt sets property taxes near highways
BPlanned highway expansions, new interchanges, or transit projects can significantly affect access, traffic patterns, and property values in the project area✓ Correct
CIt only affects commercial properties near airports
DIt exempts nearby properties from zoning regulations
Explanation
Transportation infrastructure improvements in Indiana — new interstates, interchange improvements, or transit lines — can dramatically impact nearby property values both positively (improved access) and negatively (construction impact, noise, traffic).
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