Their head coach was Mike Davis, who was in his fourth season.

The team played its home games at Assembly Hall in Bloomington, Indiana, and was a member of the Big Ten Conference.

Indiana finished the season with an overall record of 14–15 and a conference record of 7–9, finishing 8th place in the Big Ten Conference.

Due to finishing under .500, the Hoosiers were not invited to play in any post-season tournament.

[1] This season marked the first time since 1970 Indiana would finish with a losing record and the first time since 1985 they failed to make the NCAA tournament.