
No. root rot doesn't move tree to tree in a way that makes your other trees a worry. By the time the canopy shows it, the root system is already badly compromised. This is a stability question as much as a health one — a tree with rotten roots can look fine and still come over in a storm.
General decline, thin canopy, early autumn colour, sometimes mushrooms at the base.
Central Indiana's heavy clay and high water table make this common, especially in newer subdivisions where topsoil was stripped.