The Hoosiers received 43 first-place votes from the 65-member national media panel Monday.
Take a look at this week's AP Top 25
Miami had 20 No. 1 votes and moved up one spot to second. Gonzaga, with the other two first-place votes, climbed two spots to third.
Michigan State rose from eighth to No. 4 and was followed by Florida, Duke, Michigan, Syracuse, Kansas and Louisville.
VCU was the only newcomer to the poll this week. The Rams, who had been out of the rankings the last three weeks, moved in at No. 24. The only team to fall out of the rankings was Kentucky, which was No. 25 and dropped out after losing Florida and Tennessee last week.