Campbell Aviation began developing Indianapolis Executive Airport (TYQ) as Terry Airport in 1957 with a 3,340-by-60-foot (1,018 by 18 m) bituminous runway configured in a north–south direction and a 3,000-by-200-foot (914 by 61 m) turf runway configured in a northeast–southwest direction. It was certified by the State of Indiana in 1958. The airport included 10 T-hangars and an administration building. A few years later, 26 more T-hangars were added.

In 1965, the Campbells sold the airport to the Van Sickles. In 1978, the north–south runway (Runway 18–36) was lengthened to 5,160 feet (1,570 m), widened to 75 feet (23 m), and three aircraft turnarounds were constructed. The airport was classified as a reliever to Indianapolis International Airport in the 1980s, which opened the door for the facility to get government funding from the FAA and the state of Indiana. 

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https://en.wikipedia.org/wiki/Indianapolis_Executive_Airport