Is Indiana still a blue blood?

Is Indiana still a blue blood? In 2022, has Indiana by now lost its blue blood status, as it’s two decades removed from its last Final Four appearance, three decades separated from its second-most recent run to the national semifinals and 35 years away from its last championship?

In 2022, has Indiana by now lost its blue blood status, as it’s two decades removed from its last Final Four appearance, three decades separated from its second-most recent run to the national semifinals and 35 years away from its last championship?
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