Full Opinion

In the United States Court of Appeals For the Seventh Circuit ____________________ No. 25-1670 CSX TRANSPORTATION, INC., Plaintiff-Appellant, v. ZAYO GROUP, LLC, Defendant-Appellee. ____________________ Appeal from the United States District Court for the Southern District of Indiana, Indianapolis Division. No. 1:21-cv-02859 — James R. Sweeney II, Chief Judge. ____________________ ARGUED FEBRUARY 12, 2026 — DECIDED AUGUST 7, 2026 ____________________ Before EASTERBROOK, PRYOR, and MALDONADO, Circuit Judges. PRYOR, Circuit Judge. CSX Transportation, Inc., operates railroad lines across the country, including throughout Indi- ana. In numerous spots around the state, Zayo Group, LLC, installed fiber optic cables under CSX’s railroad tracks with- out permission from CSX to do so and without paying CSX’s licensing fee or engaging in the railroad’s safety review pro- cess. Relying on Indiana law, CSX claims Zayo could not take 2 No. 25-1670 these actions without violating the scope of CSX’s easements on the land or the permissions given to CSX by the landown- ers to use the land. According to CSX, these property rights gave CSX the right to exclude Zayo from the air above and the ground below CSX’s tracks and the right to charge Zayo a li- censing fee for its cable installations. The district court disagreed, holding that CSX lacked standing to assert either of these property rights. The district court also held that CSX’s claims pertaining to Zayo cable in- stallations occurring outside the applicable statute of limita- tions were time-barred, reasoning that these installations did not constitute “continuing trespasses” that prevented the claims from accruing. CSX now appeals, maintaining that its easements neces- sarily include the right to exclude third parties from installing fiber optic cables above and below its tracks and the right to charge licensing fees for those installations. CSX also con- tends its claims related to cables installed outside the applica- ble limitations periods are not time-barred. But because nei- ther property right asserted by CSX is necessarily included in the scope of its railroad easements under Indiana law and Zayo’s installations do not constitute “continuing trespasses,” we affirm. I. BACKGROUND A. Factual Background CSX and its predecessor railroads have operated rail lines throughout Indiana and Illinois for more than a century. Those rail lines run through rail corridors, which have a few typical hallmarks: a long, continuous right of way along a lin- ear path; train tracks running atop that right of way; and a No. 25-1670 3 surrounding buffer zone. CSX’s property interest in its rail corridors varies from parcel to parcel. These interests may in- clude owning the parcel in fee simple, possessing a rail corri- dor easement, possessing a leasehold interest, or possessing trackage rights from another railroad. Public utilities use these railroad corridors to run their in- frastructure between locations. Zayo is a public utility provid- ing telecommunications services. Zayo installs fiber optic ca- bles and other telecommunications equipment throughout In- diana. It does so by either stringing fiber cable between utility poles for aerial installations or boring fiber cable under- ground for subterranean installations. Aerial installations are visible from the ground. Subterranean installations involve installing cable at a depth of at least 30 to 36 inches, and Zayo’s underground fiber installations are often installed deeper. The installations are typically marked above-ground using cable markers. Installations can take from a few days to a few weeks to complete. After the initial installation is com- plete, Zayo returns regularly to repair, replace, and maintain its cables. Zayo’s fiber optic cables cross and run parallel to railroad corridors, including those of CSX. CSX requires third parties like Zayo to coordinate with it on the nature and timing of installation construction, both to keep third-party construc- tion crews safe and to prevent disruptions of CSX’s railway operations. CSX also charges licensing fees for utility installa- tions that cross or run parallel to its rail corridor. B. Procedural Background CSX sued Zayo in November 2021 in the United States Dis- trict Court for the Southern District of Indiana. CSX alleged 4 No. 25-1670 that Zayo installed underground fiber optic cables under a CSX railroad corridor in Greencastle, Indiana (the “Jackson Street” location) without receiving approval to do so. CSX also alleged Zayo failed to engage in the necessary safety re- view process or pay CSX’s licensing fees. In addition, CSX contended that Zayo struck and destroyed CSX train signal cables and underground wires while making an unauthor- ized installation on CSX property in Montrose, Illinois. Specifically, CSX brought ten counts against Zayo: (1) criminal trespass under the Indiana Crime Victim’s Relief Act (“ICVRA”); (2) railroad mischief under ICVRA; (3) decep- tion under ICVRA; (4) theft/criminal conversion under ICVRA; (5) civil trespass to land; (6) civil trespass to CSX com- ponents; (7) unjust enrichment; (8) failure to pay rent; (9) de- claratory judgment related to Zayo’s “unilateral and unau- thorized actions”; and (10) declaratory judgment as to the Jackson Street location in Greencastle, Indiana. CSX later identified numerous additional unauthorized installations made by Zayo, so CSX amended its complaint to include claims for those sites, too. The district court eventually dismissed all of CSX’s Illi- nois-based claims for lack of personal jurisdiction. 1 Accord- ingly, the lawsuit before us relates only to Zayo’s Indiana in- stallations. A set of district court rulings shrank the scope of this case significantly. 1 CSX later brought the Illinois-based claims in a separate case in the United States District Court for the Northern District of Illinois. See CSX Transp., Inc. v. Zayo Grp., LLC, No. 1:25-cv-1824 (N.D. Ill. filed Feb. 21, 2025). No. 25-1670 5 1. Criminal Trespass to Land, Civil Trespass to Land, and Rent Claims (Counts I, V, and VIII) Zayo moved for partial summary judgment on CSX’s claims for trespass to land and rent as to the railroad’s Indiana properties where it possessed only an easement. 2 CSX main- tained that its railroad easements gave it an exclusive and possessory interest in the land over which its railroad tracks ran, including the air above and the ground below its tracks. CSX argued this is true even if the language of those ease- ments made no mention of such an exclusive possessory in- terest. According to CSX, that meant Zayo could not install its cables without CSX’s permission and the railroad had the right to eject Zayo. CSX contended that these property rights underpinned its trespass to land and rent claims. The district court held CSX did not have standing to assert its trespass to land and rent claims for properties where it pos- sessed only an easement. 3 The district court observed that CSX had not pointed to language in any of its easements that exhibited the exclusivity it claimed. The district court then ex- plained that even if CSX was entitled to exclusive use of the surface of its railroad corridors for which it possessed an ease- ment, that entitlement did not necessarily mean CSX had ex- clusive use of the air above or the ground below its tracks. That mattered because Zayo had installed fiber optic cables only above or below the railroad corridor surface—not on it— 2 Zayo also moved for summary judgment on additional grounds, most of which are not relevant to this appeal. 3 District Judge Jane Magnus-Stinson ruled on this motion in April 2024. The case was later reassigned to Chief District Judge James R. Sweeney II in July 2024. 6 No. 25-1670 and those installations had not disrupted CSX’s railroad op- erations. Thus, the court found CSX had not provided any proof that Zayo interfered with CSX’s exclusive right to the surface of the land. CSX’s failure to demonstrate that its “pos- sessory” interest in the land had been impacted, the district court reasoned, was fatal to its trespass to land and rent claims. From this, the court concluded CSX did not have standing to bring these claims and partially dismissed Counts I, V, and VIII. Following its partial summary judgment ruling, the dis- trict court denied CSX’s motion to modify the court’s sum- mary judgment order to allow interlocutory review. 2. Claims Barred by the Applicable Statute of Limitations In the district court’s partial summary judgment ruling, it also granted Zayo’s summary judgment motion as to CSX sites where Zayo installed fiber optic cables outside the appli- cable limitations period. The limitations period for the theft of licensing rights and criminal trespass claims was two years, see IND. CODE § 34-11-2-4, and the period for the civil trespass and rent claims was six years, see id. § 34-11-2-7. CSX did not dispute that some of Zayo’s installations occurred outside of those limitations periods. Instead, CSX argued the statute of limitations had not expired under Indiana’s continuing tres- pass doctrine, which would mean the limitations periods would not begin to run until Zayo removed its installations from CSX’s rail corridors. The court rejected that argument. First, it stated that the continuing trespass doctrine was governed by federal law. The court then acknowledged the Indiana Court of Appeals’ application of the doctrine but found it did not apply because No. 25-1670 7 CSX’s claims centered on Zayo’s cable installations, which had a clear ending date for each site. The court observed that Zayo occasionally comes back to those sites for maintenance and repairs, but CSX’s claims were not aimed at those recur- ring activities. Based on this, the court granted Zayo’s motion for partial summary judgment as to this issue. It did so on the following claims for all sites where CSX had not created a fact issue about whether it should have known of Zayo’s installa- tions: (1) criminal trespass and theft of licensing rights claims related to installations occurring before November 16, 2019; and (2) civil trespass to land, civil trespass to components, and rent claims related to installations occurring before No- vember 16, 2015. 3. Theft of License Claim (Count IV) After the district court’s partial summary judgment rul- ing, Zayo filed a motion under Rule 12(b)(1) of the Federal Rules of Civil Procedure to dismiss for lack of subject matter jurisdiction CSX’s claim for theft of license (Count IV) at sites for which CSX possessed only an easement. 4 The motion was referred to the magistrate judge, who, after an evidentiary hearing, recommended granting the motion. The magistrate judge concluded nothing in Indiana railroad law confirms that a railroad company holding only an easement had the “right to license or restrict others from utilizing the surface, subsurface, or air above their easement” when the operation of the railroad is not hindered. From this, the magistrate judge 4 Zayo also moved to dismiss CSX’s claim for civil trespass to components (Count VI). The magistrate judge recommended dismissing that claim for lack of standing. The district court adopted that recommendation without objection from CSX. 8 No. 25-1670 recommended dismissing for lack of standing CSX’s claims for theft of licensing rights at sites where CSX had an ease- ment. The district court adopted the magistrate judge’s report and recommendation. * * * The parties subsequently settled and conditionally stipu- lated to the dismissal of claims still remaining for trial. This conditional stipulation allowed CSX to appeal the district court’s pretrial rulings on Zayo’s dispositive motions. This appeal followed. II. ANALYSIS “We review de novo a trial court’s summary judgment rul- ing.” Pryor v. Corrigan, 124 F.4th 475, 486 (7th Cir. 2024) (cita- tions omitted). Summary judgment is appropriate when no material facts are disputed and the moving party is entitled to judgment as a matter of law. FED. R. CIV. P. 56(a). We also re- view de novo the district court’s dismissal for lack of subject matter jurisdiction under Federal Rule of Civil Procedure 12(b)(1), accepting as true the non-movant’s well-pleaded fac- tual allegations. Dernis v. United States, 136 F.4th 714, 716 (7th Cir. 2025). This is a diversity jurisdiction case, and CSX’s appeal raises questions of Indiana state law. Thus, our task is to use our own best judgment to determine how the Indiana Su- preme Court would rule. See Cannon v. Armstrong Containers Inc., 92 F.4th 688, 706 (7th Cir. 2024). If, however, the Indiana Supreme Court has not spoken on this issue, we must attempt to predict how the state court would decide given the chance. Abstract Title Guar. Co. v. Chi. Ins. Co., 489 F.3d 808, 811 (7th No. 25-1670 9 Cir. 2007). We do this by looking to intermediate appellate courts in the state for persuasive guidance. Giovannelli v. Walmart Inc., 164 F.4th 1052, 1054–55 (7th Cir. 2026); In re Zim- mer, NexGen Knee Implant Prods. Liab. Litig., 884 F.3d 746, 751 (7th Cir. 2018). But ultimately, our inquiry centers on this question: “what would the highest court of the state do if the present case was now before that court?” Green Plains Trade Grp., LLC v. Archer Daniels Midland Co., 90 F.4th 919, 928 (7th Cir. 2024). CSX makes three principal arguments on appeal. First, it argues that under Indiana law, its easements necessarily in- clude the right to exclude third parties from installing fiber optic cables above or below its railroad tracks. Second, it ar- gues that its easements necessarily include the right to license those cable installations. And third, it argues Zayo’s cable in- stallations constitute “continuing trespasses” that prevented its trespass, rent, and licensing theft claims from accruing un- til Zayo removes those installations. We address each argu- ment in turn. A. Right to Exclude For Indiana properties where CSX holds only an ease- ment, the parties agree CSX’s criminal trespass, civil trespass to land, and rent claims hinge on whether the railroad com- pany holds the right to exclude Zayo from the air above and the ground below its railroad tracks. CSX concedes that none of its easements contain express language granting it exclu- sive control over those areas. So, for CSX to be able to exclude third parties like Zayo from those areas, its railroad ease- ments must necessarily include that exclusionary right. Put differently, the key question is whether the right to exclude 10 No. 25-1670 third parties from above or below the railroad’s tracks falls within the scope of a railroad easement under Indiana law. Under Indiana law, an easement is “[a]n interest in land owned by another person, consisting in the right to use or control the land, or an area above or below it, for a specific lim- ited purpose (such as to cross it for access to a public road). The land benefitting from an ease- ment is called the dominant estate; the land bur- dened by an easement is called the servient es- tate.” The “scope” of an easement refers to the extent or boundaries of that “specific limited purpose” which benefits the dominant estate and burdens the servient estate. Howard v. United States, 964 N.E.2d 779, 781 n.2 (Ind. 2012) (emphasis in original) (quoting BLACK’S LAW DICTIONARY 585–86 (9th ed. 2009)); see also Close Armstrong, LLC v. Trunkline Gas Co., LLC, 172 F.4th 516, 522 (7th Cir. 2026) (“An easement grants a person or entity ‘the right to use another’s land for a specified purpose.’” (quoting Town of Ellettsville v. DeSpirito, 111 N.E.3d 987, 990 (Ind. 2018))). Put in this case’s terms, CSX’s railroad corridor is the dominant estate, and the land over which that corridor runs is the servient estate. An easement’s scope is determined “by the purpose served by the easement.” Howard, 964 N.E.2d at 781 (citations omitted); see also N.Y. Cent. R.R. v. Yarian, 39 N.E.2d 604, 606 (Ind. 1942) (“It is sometimes said that reservations of ease- ments are strictly limited to the purposes in the minds of the parties, but we believe a proper application of the rule puts the limitation not upon the character of traffic upon a reserved No. 25-1670 11 way, but upon the purpose to be served by the traffic.”). This is because easements usually “arise to fill some need or serve some purpose.” Howard, 964 N.E.2d at 781–82 (quoting Klotz v. Horn, 558 N.E.2d 1096, 1099 (Ind. 1990)). “That purpose, whether expressed in the grant, implied, or acquired through prescription, is the focal point in the relationship which exists between the titleholders of the dominant and servient es- tates.” Id. (quoting Klotz, 558 N.E.2d at 1099). In Howard, the Indiana Supreme Court defined the “pur- pose” of an easement acquired to operate a railway line. Id. at 783. There, in a “[r]ails to [t]rails” case, the court considered whether the scope of railroad easements under Indiana law included railbanking and interim trail use pursuant to the Na- tional Trails System Act, 16 U.S.C. § 1247. Id. at 780–81. The court held those uses fell outside a railroad easement’s scope. Id. at 782–83. According to the Indiana Supreme Court, a rail- road easement is acquired for the purpose of “the transporta- tion of goods through the operation of a railroad line.” Id. at 783. And a public trail involves “recreation, not transporta- tion.” Id. at 784 (citation modified). Thus, the state court re- jected the contention that a railroad easement could be “recast for use as a public recreational trail without exceeding the scope of the easement and infringing the rights of the land- owners.” Id. at 783. Howard’s definition of a railroad easement’s purpose— transporting goods by operating a railroad line—is consistent with Indiana case law grappling with railroad easements’ lim- itations. For example, the Indiana Supreme Court in Julien v. Woodsmall held that a railroad with only an easement had no right to remove valuable ice from the surface of its corridor. 82 Ind. 568, 571 (1882). The right to take that ice belonged to 12 No. 25-1670 the landowner, so the railroad company could not remove it from the corridor “except for the construction, repair or oper- ation of its road.” Id. That limitation is consistent with the In- diana Supreme Court’s reasoning in Smith v. Holloway, where the court explained that “[t]he owner of the fee remains the owner of springs, streams, minerals, and the like” because “all that he grants is an easement,” so the landowner “cannot in- terfere with the free use of the [railroad’s] right of way; but, subject to this use, he may make all lawful use of the land.” 24 N.E. 886, 886 (Ind. 1890) (discussing stream of water flow- ing across the land). And this same court echoed that princi- ple in Cincinnati, C., C. & St. L. Railway v. Simpson, explaining that “where an easement for a right of way is granted a rail- way company across lands of another, the owner of the fee remains the owner of all mineral in the land, and may make all lawful use of the land so long as he does not interfere with the free use of the right of way.” 104 N.E. 301, 306 (Ind. 1914). 5 These cases stand for the proposition that a railroad has wide-ranging authority to use the surface of its railroad corri- dor for its operations, but the servient estate owner retains all other rights—including, but not limited to, extraction of nat- ural resources—that do not impede railroad operations. That proposition accords with a line of Indiana Supreme Court cases analyzing infrastructure installed below a rail- road corridor. In Cleveland, Cincinnati, Chicago & St. Louis Rail- way Co. v. Smith, a property owner sought to run pipes be- neath a railroad’s right of way to pump spring water. 97 N.E. 5 Generally speaking, the landowners of the servient estate own that land in fee simple, which is “the broadest property interest allowed by law.” Fee Simple, BLACK’S LAW DICTIONARY (12th ed. 2024). No. 25-1670 13 164, 172 (Ind. 1912). The Indiana Supreme Court explained that “[i]n view of the responsibility of railway companies for safely carrying persons and property, and the great hazard to life and property from obstructions on the tracks, it must be held that the company’s right of possession of the surface of the right of way is practically exclusive.” Id. But the court drew a contrast with the subterranean pipes, reasoning the property owner “might at least conduct the water from the stream through pipes onto his land outside the right of way, without any practical interference with the company’s exclu- sive possession of the appropriated strip on which the stream is now flowing.” Id. at 172–73. The property owner could en- gage in this activity so long as he did not interfere with the railroad’s right to exclusive possession of its railroad corridor surface. Consumers’ Gas Trust v. American Plate Glass Co. is also in- structive. There, the court held that a fee owner’s lessee could enjoin a railroad with an easement from sinking a gas well in the railroad’s right of way. 68 N.E. 1020, 1021–22 (Ind. 1903). This holding demonstrates that a railroad possessing only an easement does not necessarily possess exclusively the ground below its tracks. Indeed, even a railroad owning in fee the land on which its tracks run may not necessarily be entitled to prevent an easement holder from running pipes below the tracks. In New York Central Railroad Co. v. Yarian, the railroad possessed in fee a strip of ground running through a farm. 39 N.E.2d at 605. That strip was intended for use as the railroad’s corridor, and an easement was reserved for the farmer so he could use both sides of his farmland. Id. The farmer sought electricity in his farmhouse, so he installed an iron pipe below the railroad 14 No. 25-1670 tracks to run electrical cables up to the house. Id. The railroad sued, arguing this underground piping fell outside the ease- ment’s purposes of farming and domestic uses. Id. The Indiana Supreme Court rejected the railroad’s argu- ment. Id. at 606. The conveyance of the easement, made in 1871, arose out of the farmer’s need for a crossing to access divided portions of the farm and the adjacent highway. Id. The court recognized that the parties to the 1871 conveyance may not have envisioned a farmer’s need for electricity to manage his farm and farmhouse decades later, but such a need was nonetheless consistent with the easement’s original purpose. Id. From this, the court concluded the pipes would cast “no additional burden” on the railroad. Id. The Indiana Supreme Court did, however, reverse the judgment to have the lower court evaluate whether the appellee’s installation “interfere[d] with the reasonable operation of the railroad,” as the railroad had also argued the piping was a dangerous nuisance. Id. at 607. These three subterranean installation cases, taken to- gether, stand for the proposition that non-railroad servient es- tates retain all other rights that come with fee ownership. This includes the right to place—or allow third parties to place— installations that do not interfere with the railroad’s opera- tions. CSX takes a much more expansive view of the rights af- forded to it by its railroad easements. It argues a railroad ease- ment is special under Indiana law and affords more property rights than other easement types. To CSX, a railroad easement is equivalent to fee simple ownership in all ways except one: under a railroad easement, the servient estate retains the right to natural resources on the railroad’s right of way. No. 25-1670 15 That distinction, however, is not borne out in Indiana rail- road law. The touchstone for determining the scope of an easement, including a railroad easement, is looking to the purpose of that easement at the time it was granted. Howard, 964 N.E.2d at 783. While we recognize a long line of Indiana Supreme Court decisions revealing that railroads have wide latitude to demand exclusive use of their easement’s surface for their operations, see Julien, 82 Ind. at 571–72; Smith, 24 N.E. at 886; Simpson, 104 N.E. at 306, this right is limited by the purpose of the easement at the time of its acquisition, see How- ard, 964 N.E.2d at 783; Yarian, 39 N.E.2d at 606. And by the same token, non-railroad servient estates retain all other property rights otherwise afforded to them by virtue of fee ownership, including the placement of subterranean installa- tions that do not interfere with the railroad’s operations. See Consumers’ Gas Trust, 68 N.E. at 1021–22. CSX has a point that many of these Indiana Supreme Court cases involve natural resources. But the reasoning of those cases is not limited to just the extraction of natural resources. CSX’s natural-resources-only theory of railroad easements is also hard to square with Howard’s teachings about the pur- pose of the easement. 964 N.E.2d at 783. CSX’s theory would stretch the purpose beyond all recognition, stripping away the ability of servient estates—or third parties with their per- mission—to take many actions that do not otherwise disrupt railroad operations. CSX also argues that, as a matter of policy, its expansive view of railroad easements would better mitigate safety risks that may arise from its railroad operations. To be sure, the safe operation of railroads requires diligent oversight by railroad companies and regulators alike. For example, CSX inspects 16 No. 25-1670 and tests its equipment on a monthly, quarterly, annual, bien- nial, and decennial basis, and federal regulations promul- gated by the Federal Railroad Administration impose engi- neering, inspection, and safety obligations on CSX, see, e.g., 49 C.F.R. §§ 213, 233–36. But CSX goes further, arguing that safety risks can be sufficiently mitigated only if its railroad easements include the right to exclude others from above and below the tracks. CSX’s safety concerns are well taken but, in this context, ultimately unpersuasive. It is undisputed that none of Zayo’s Indiana cable installations have disrupted CSX’s railroad op- erations. 6 And to the extent an existing or future third-party installation does disrupt CSX’s operations, its railroad ease- ments would plainly allow it to remedy that disruption. Un- der Indiana law, the scope of a railroad easement does not un- dermine CSX’s ability to safely operate its rail lines. See Louis- ville & Ind. R.R. v. Ind. Gas Co., 829 N.E.2d 7, 11 (Ind. 2005) (noting Indiana’s right of way statute and “common law pre- cepts” protected the railroad’s interest “in the continued peaceful and efficient use of its tracks to facilitate com- merce”). At bottom, the scope of CSX’s railroad easements does not include the right to exclude third parties from the air above and the ground below its railroad corridor, at least to the ex- tent those third parties are not disrupting CSX’s railroad 6 CSX does allege that Zayo struck and destroyed CSX train signal cables and underground wires while making an unauthorized installation on CSX property in Montrose, Illinois. But the case before us relates only to Zayo’s Indiana installations, and, as noted earlier, CSX has brought claims related to Illinois sites in a separate case. No. 25-1670 17 operations. That right remains with the non-railroad servient estate. The district court correctly decided this legal question, so we affirm as to this issue. 7 7 The district court, however, erred in dismissing CSX’s easement-based criminal trespass, civil trespass to land, and rent claims for lack of stand- ing. The crux of the district court’s reasoning rested on its finding that CSX lacked the property right it asserted, rather than on any determination that CSX had failed to advance a colorable claim to that right. That is typically enough to show an injury-in-fact for purposes of Article III standing. See Pit Row, Inc. v. Costco Wholesale Corp., 101 F.4th 493, 501 (7th Cir. 2024) (“[A] litigant is not required to show that it will win in order to establish standing.”); Protect Our Parks, Inc. v. Chi. Park Dist., 971 F.3d 722, 736 (7th Cir. 2020) (holding allegations of a property right deprivation are typically enough to show a cognizable injury, even if “the alleged property right … is highly unusual, and one might be immediately skeptical about whether it exists”). The district court should have dismissed these claims with prej- udice on the merits, but instead it stated in its partial summary judgment order that the claims were dismissed without prejudice for lack of stand- ing. If the district court’s final judgment had also reflected this disposition, we would have to consider whether it would be appropriate to modify the judgment to a dismissal on the merits. See Matushkina v. Nielsen, 877 F.3d 289, 296–97 (7th Cir. 2017). But we need not reach that question because there is nothing in the judgment to modify. The judgment, taken “on its own terms,” Hoskins v. Poelstra, 320 F.3d 761, 763–64 (7th Cir. 2003), is si- lent as to whether these claims were dismissed with or without prejudice, as it appears to incorporate by reference all of the case’s dispositive orders that dismissed claims. See also Paganis v. Blonstein, 3 F.3d 1067, 1069, 1071 (7th Cir. 1993) (explaining a “final judgment must be complete and self- contained,” and it “should not incorporate any other document”). And the district court, in substance, made a merits determination that CSX did not possess the property right it asserted. See Protect Our Parks, 971 F.3d at 736–37. With that, we may affirm without further handwringing. 18 No. 25-1670 B. Right to License Next, CSX argues Indiana courts recognize a railroad’s right to license utility infrastructure placed above or below its railroad corridor where it holds only an easement. CSX does not argue that any of its easements contain express language granting it this right. So, much like the discussion above about the right to exclude, assessing CSX’s assertion of a right to charge licensing rent still requires an inquiry into the scope of railroad easements under Indiana law. That inquiry just cen- ters on a different right—whether an Indiana railroad ease- ment necessarily includes the right to license the installation of fiber optic cables installed above or below CSX’s railroad corridor. Given our conclusion above that CSX’s railroad easements do not necessarily allow it to exclude third parties from above and below its tracks, it is hard to see how those same ease- ments could allow CSX to charge a licensing fee for that same area. Indeed, the “cardinal rule in property law is that one cannot sell what one does not own.” Danaya C. Wright & Jef- frey M. Hester, Pipes, Wires, and Bicycles: Rails-to-Trails, Utility Licenses, and the Shifting Scope of Railroad Easements from the Nineteenth to the Twenty-First Centuries, 27 ECOLOGY L.Q. 351, 389 (2000). The thrust of CSX’s argument relies on its conten- tion that owners of the fee merely retain the right to remove their natural resources from the railroad corridor. As already discussed above, Indiana case law does not support that con- tention. The purpose of a railroad easement is the operation of a rail line, Howard, 964 N.E.2d at 783, and owners of the fee retain all other rights consistent with that use. It stands to rea- son, then, that owners of the fee also retain the right to charge license rent to public utilities. Put another way, CSX’s No. 25-1670 19 easements do not necessarily include the right to license the air above and the ground below its railroad corridor. This conclusion accords with Louisville & Indiana Railroad v. Indiana Gas Co., an Indiana Supreme Court case providing additional insight into how the court assesses the interplay between railroads and utilities. See 829 N.E.2d at 8. There, a gas company laid pipe along a county road that crossed a rail- road’s tracks, and the railroad argued the gas company owed it rent for passing the pipe under its tracks. Id. The court held that the gas company did not owe rent to the railroad. Id. Two grounds supported this holding. First, the court explained that Indiana’s right of way statute authorized the gas com- pany, a public utility, to enter the county road and install pip- ing along the roadway. 8 Id. at 11. Second, the court reasoned that Indiana courts have understood Indiana’s right of way statute “as contemplating that the public utility would not need to compensate the landowner, inasmuch as such a use does not place an additional burden on the subservient land.” Id. In so reasoning, the court relied on Fox v. Ohio Valley Gas Corp., 235 N.E.2d 168, 172 (Ind. 1968), which held that an owner of the fee was not entitled to additional compensation when a gas company laid its pipe in the county road crossing his land. That principle from Fox meant the court in Louisville & Indiana Railroad did not have to decide what type of interest the railroad had in the land over which its tracks ran. 8 This statutory provision stated in pertinent part: “Public and municipally owned utilities are authorized to construct, operate, and maintain their poles, facilities, appliances, and fixtures upon, along, under, and across any of the public roads, highways, and waters outside of municipalities, as long as they do not interfere with the ordinary and normal public use of the roadway.” IND. CODE § 8-20-1-28. 20 No. 25-1670 829 N.E.2d at 11–12. The court explained that if the railroad “owns the land in fee, Fox applies directly, and the [r]ailroad is not entitled to compensation beyond what it, or its prede- cessor in interest, received when the right-of-way was estab- lished.” Id. at 11. On the other hand, if the railroad merely “possesses an easement, it does not possess rights greater than that of the underlying” owner of the fee. Id. Either way, the railroad had no right to exclude the gas company. Id. at 12. And because the pipeline “[did] not place an additional burden on the land,” the railroad was not entitled to collect license rent, either. Id. Louisville & Indiana Railroad does not directly decide the case before us—the public utility there installed its pipes along a county road, which, for the claims CSX challenges on appeal, Zayo did not do. But this case nonetheless under- mines CSX’s contention that its easements necessarily carry with them the right to charge license rent for a public utility’s infrastructure installed below the railroad’s tracks. CSX points to three Indiana cases in rebuttal, but none car- ries the day for it. First, CSX offers Consumers’ Gas Trust for the proposition that servient estates do not hold the right to license utility infrastructure installed below a railroad corri- dor, so, in CSX’s view, railroads must hold that right. That argument significantly overreads this case. See Consumers’ Gas Trust, 68 N.E. at 1021–22. In Consumers’ Gas Trust, the Indiana Supreme Court held that a railroad with an easement for its corridor could be enjoined by the gas company lessee of the owner of the fee from drilling a gas well within the railroad’s right of way because such drilling would impair the lessee’s proprietary interest. Id. Clearly, those are not the facts of this case and Consumers’ Gas Trust is thus distinguishable. No. 25-1670 21 Second, CSX puts forward Ritz v. Indiana & Ohio Railroad, which involved (among other things) a landowner’s trespass claim against a utility company for cutting down trees and placing a utility pole in a contested property area that con- tained, according to the parties, a railroad’s right of way. 632 N.E.2d 769, 775–76 (Ind. Ct. App. 1994). Relying on Indi- ana’s right of way statute, the appellate court explained that “a utility may utilize a public right of way without the consent of the servient landowner who claims that such a use is an additional burden and servitude to the fee which is subject to the easement for highway purposes.” Id. at 775 (citing Fox, 235 N.E.2d at 172–73, and Deetz v. N. Ind. Fuel & Light Co., 545 N.E.2d 1103, 1105 (Ind. Ct. App. 1989)). The court con- cluded this analysis applied “with equal force” to the plain- tiff’s trespass and takings claims as related to the railroad’s right of way. Id. In examining this portion of the servient land- owner’s claim, the court reasoned “[n]o additional burden is cast upon the fee beyond that which was contemplated and paid for in the original taking” when there was “no dispute over whether the railroad [had] a right-of-way or [had] per- mitted the utilities to utilize its easement,” regardless of whether the railroad owned the fee. Id. at 775–76 (citing Fox, 235 N.E.2d at 172–73, and Yarian, 39 N.E.2d at 606–07). But Ritz does not suggest, as argued by CSX, that a railroad re- tains the right to license utility infrastructure. Instead, all Ritz stands for is that a utility is authorized by Indiana statutory and common law to make use of a public right of way without the consent of the servient landowner. Id. In that way, Ritz is no different than Louisville & Indiana Railroad. See id.; Louisville & Ind. R.R., 829 N.E.2d at 11–12. Third, CSX relies on Calumet National Bank v. AT&T, 682 N.E.2d 785 (Ind. 1997), a case interpreting a previous 22 No. 25-1670 version of Indiana’s Abandoned Railroad Rights-of-Way Act. There, a railroad company and a telecommunications com- pany entered a licensing agreement in 1984 authorizing the telecommunications company to install and operate a fiber optic system along the railroad’s right of way. Id. at 787. The railroad had abandoned the right of way by 1985, but the two companies amended the licensing agreement in 1988 to in- clude the stretch of right of way at issue in the case. Id. at 787, 791. The Indiana Supreme Court held this license amendment was not enforceable. Id. at 791. The court reasoned the railroad “had no interest” in the right of way upon its abandonment in 1985, and a “license granted by a railroad company to a communications company” is valid only if the railroad com- pany grants the license “whi