Indiana Code Title 32. Property § 32-30-3.1-3

(1) The value of all lasting improvements made on the real property in question before the commencement of the action for the recovery of the property.

(2) The damages, if any, which the premises may have sustained by waste or cultivation through the time the court renders a judgment.

(3) The fair value of the rents and profits that may have accrued, without the improvements, through the time the court renders a judgment.

(4) The value of the real property that the successful claimant has in the premises, without the improvements.

(5) The taxes, with interest, paid by the defendant and by those under whose title to the property the defendant claims.