Indiana Code Title 32. Property § 32-33-10.5-1

(1) that is located or stored on the premises of:

in a wrecked, inoperative, or partially dismantled condition for a period of at least sixty (60) days;  and

(2) for which the owner or operator of the aircraft has not made, during the sixty (60) day period described in subdivision (1), any tie-down, hangaring, or rent payments for the use of the premises.