A privately owned Mooney M20M TLS crashed into two homes in Greenwood at 2:19 p.m. on Patterson Street across from the Valle Vista Golf Course.
The pilot was the only fatality. The co-pilot was taken to IU Health Methodist Hospital in critical condition.
Two people were aboard.
At least three were injured in the accident. Two people on the ground sustained injury.
Two homes in the first block of Patterson Street were damaged after the plane lost power during takeoff.