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

They received an at-large bid in the 2012 NCAA Division I men's basketball tournament where they advanced to the Sweet Sixteen before falling to eventual champion Kentucky.

Indiana fans sensed a resurgence in the program and possible upset, with students lining up outside the arena 10 hours before tipoff to get good seats.

After defeating VCU in the third round, the Hoosiers however would go on to lose to eventual champion Kentucky in the Sweet Sixteen 102–90, as the Wildcats avenged their lone regular season loss.

Roster Last update: 2012-03-23 The 2012 class consists of Yogi Ferrell, Hanner Perea, Jeremy Hollowell, Peter Jurkin, and Ron Patterson.