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The University commissioned a study that led to building a reservoir for its own use.In 1902, IU enrolled 1203 undergraduates; all but 65 were Hoosiers.See: List of Indiana University (Bloomington) people for more.

Mathematician Joseph Swain was IU’s first Hoosier-born president, 1893 to 1902. and played its first intercollegiate sport (baseball), prefiguring the school's future status as a major research institution and a power in collegiate athletics.

He established Kirkwood Hall in 1894; a gymnasium for men in 1896, which later was named Assembly Hall; and Kirkwood Observatory in 1900. During his presidency, student enrollment increased from 524 to 1,285. But another incident that year was of more immediate concern: the original campus in Seminary Square burned to the ground.

Construction began in 1822 at what is now called Seminary Square Park near the intersection of Second Street and College Avenue.

The first professor was Baynard Rush Hall, a Presbyterian minister who taught all of the classes in 1825–27.

Indiana’s law school has a program with a first-year team-based approach, a diversion from the typical legal education.

Notable Indiana alumni include CEO and co-founder of Siri and Viv Dag Kittlaus; award-winning author Suzanne Collins, who wrote The Hunger Games series; composer and songwriter Hoagy Carmichael, who penned "Georgia on My Mind"; John Chambers, executive chairman and former CEO of Cisco Systems; and Mark Cuban, billionaire owner of the Dallas Mavericks, Landmark Theatres, and Magnolia Pictures.Wylie and David Maxwell, president of the board of trustees, were devout Presbyterians.They spoke of the nonsectarian status of the school but generally hired fellow Presbyterians.The school's sports teams are notorious competitors in the NCAA Division I Big Ten Conference, and, since Indiana University does not have a mascot, all teams are known simply as "Hoosiers".There are more than 750 student organizations on campus including Indiana University Dance Marathon, the nation's second largest entirely student-run organization; and more than 5,000 students go Greek in the school’s large community of fraternities and sororities.In the 1940s Indiana University opened extension campuses in Kokomo and Fort Wayne.