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1982–present
The old road kept a U.S. 31 shield of its own. A Business U.S. 31 was created in 1982, running along Main and Michigan Streets — the former U.S. 31 — and Cleveland Road; it is still extant in November 2026, no decommissioning date appearing in any carrier searched. Through Roseland its concurrency with State Road 933 runs from mile 10.12 to mile 13.29 of that route, ending at the Toll Road interchange complex at the town's north end, where the business route turns west on Cleveland Road toward the present freeway. The road historian's note on that west leg is worth printing whole: "The road just north of the overpass is Cleveland Road. It was never US 31, but is currently designated Business 31 west of this intersection because it provides a connection to current US 31." So the designation that signs Roseland's main street today is a business route whose western leg was never the highway at all — a connector wearing the number of the road it feeds.
Sources: Roadfan, U.S. Route 31 (the 1982 creation and present extent); the SR 933 junction list derived from INDOT's Reference Post Book (the 10.12–13.29 concurrency); Jim Grey, Down the Road, verbatim.