1994–95 Indiana Hoosiers men's basketball team

The 1994–95 Indiana Hoosiers men's basketball team represented Indiana University. Their head coach was Bobby Knight, who was in his 24th year. The team played its home games in Assembly Hall in Bloomington, Indiana, and was a member of the Big Ten Conference.

The Hoosiers finished the regular season with an overall record of 19–12 and a conference record of 11–7, finishing 3rd in the Big Ten Conference. The Hoosiers were invited to participate in the 1995 NCAA tournament. However, IU made a quick exit with a loss in the first round to Missouri.

Schedule/Results
!colspan=8| Regular Season

!colspan=8| NCAA tournament