The 1992 Indiana Hoosiers football team represented Indiana University Bloomington as a member of the Big Ten Conference during the 1992 NCAA Division I-A football season. Led by ninth-year head coach Bill Mallory, the Hoosiers compiled an overall record of 5–6 with a mark of 3–5 in conference play, placing in a four-way tied for sixth in the Big Ten. The team played home games at Memorial Stadium in Bloomington, Indiana.