content: SECURITIES AND EXCHANGE COMMISSION
  
                             Washington, D.C. 20549
  
                                  
                                  
  
                                   FORM 8-K
  
                               Current Report
                    Pursuant to Section 13 or 15(d) of the
                       Securities Exchange Act of 1934
                                  
                                  
                                  
               Date of Report (Date of earliest event reported)
                                April 30, 1998
  
                            INDIANA UNITED BANCORP
            (Exact Name of Registrant as Specified in its Charter)
  
                                    Indiana
                (State or Other Jurisdiction of Incorporation)
  
       0-12422                                         35-1562245
  (Commission File Number)                 (I.R.S. Employee Identification No.)
  
    201 N. Broadway, Greensburg, Indiana                 47240
  (Address of principal executive offices)            (Zip Code)
  
                                (812) 663-0157
              Registrant's telephone number, including area code:
  <PAGE>
  
  Item 2. Acquisition or Disposition of Assets
  
      On April 30, 1998, the Registrant consummated its previously announced 
  merger transaction with P.T.C. Bancorp (the "Merger").  In the Merger, P.T.C. 
  Bancorp was merged into the Registrant and the Registrant acquired a third 
  banking subsidiary, Peoples Trust Company, Brookville, Indiana.  The Registrant 
  has issued in connection with the Merger 1,136,417 additional Common Shares.
  
  Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
  
       (a) Financial Statements of Businesses Acquired.
  
        Financial statements required by this item will be filed by an amendment 
        to this report on or before July 9, 1998.
  
       (b) Pro Forma Financial Information
  
        The pro forma financial information required by this item will be filed 
        by an amendment to this report on or before July 9, 1998.
  
       (c)  Exhibits.
  
           (2) Plan of acquisition, reorganization, arrangement, liquidation 
            or succession
  
               Agreement and Plan of Merger, dated as of October 8, 1997, between 
               Indiana United Bancorp and P.T.C. Bancorp (included as an exhibit 
               to Registrant's Current Report on Form 8-K filed with the 
               Commission on October 22, 1997, Commission File No. 0-12422, which
               exhibit is incorporated herein by reference).
  
                                      SIGNATURE
  
  Pursuant to the requirements of the Securities Exchange Act of 1934, Registrant 
  has duly caused this report to be signed on behalf by the undersigned thereunto
  duly authorized.
  
                                            INDIANA UNITED BANCORP
  
  
  
                                            By:/s/ Robert E. Hoptry
                                            Robert E. Hoptry, Chairman
                                            and Chief Executive Officer
  
  Dated:  May 13,1998
  <PAGE>
  
                                 INDEX TO EXHIBITS
                                  
   Exhibit                                                            Sequentially
     No.        Description of Document                                 Numbered
  
     2          Agreement and Plan of Merger, dated as of October 8,
                1997, between Indiana United Bancorp and P.T.C.
                Bancorp (included as an exhibit to the Registrant's
                Current Report on Form 8-K filed with the Commission
                on October 22, 1997, Commission File No. 0-12422, 
                which exhibit is incorporated herein by reference).
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metadata_filer: {"company-data": {"conformed-name": "INDIANA UNITED BANCORP", "cik": "0000720002", "assigned-sic": "6022", "irs-number": "351562245", "state-of-incorporation": "IN", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-12422", "film-number": "98618630"}, "business-address": {"street1": "201 N BROADWAY", "street2": "PO BOX 87", "city": "GREENSBURG", "state": "IN", "zip": "47240", "phone": "8126634711"}, "mail-address": {"street1": "201 NORTH BROADWAY", "street2": "P O BOX 87", "city": "GREENSBURG", "state": "IN", "zip": "47240"}}
text: SECURITIES AND EXCHANGE COMMISSION
  
                             Washington, D.C. 20549
  
                                  
                                  
  
                                   FORM 8-K
  
                               Current Report
                    Pursuant to Section 13 or 15(d) of the
                       Securities Exchange Act of 1934
                                  
                                  
                                  
               Date of Report (Date of earliest event reported)
                                April 30, 1998
  
                            INDIANA UNITED BANCORP
            (Exact Name of Registrant as Specified in its Charter)
  
                                    Indiana
                (State or Other Jurisdiction of Incorporation)
  
       0-12422                                         35-1562245
  (Commission File Number)                 (I.R.S. Employee Identification No.)
  
    201 N. Broadway, Greensburg, Indiana                 47240
  (Address of principal executive offices)            (Zip Code)
  
                                (812) 663-0157
              Registrant's telephone number, including area code:
  Item 2. Acquisition or Disposition of Assets
  
      On April 30, 1998, the Registrant consummated its previously announced 
  merger transaction with P.T.C. Bancorp (the "Merger").  In the Merger, P.T.C. 
  Bancorp was merged into the Registrant and the Registrant acquired a third 
  banking subsidiary, Peoples Trust Company, Brookville, Indiana.  The Registrant 
  has issued in connection with the Merger 1,136,417 additional Common Shares.
  
  Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
  
       (a) Financial Statements of Businesses Acquired.
  
        Financial statements required by this item will be filed by an amendment 
        to this report on or before July 9, 1998.
  
       (b) Pro Forma Financial Information
  
        The pro forma financial information required by this item will be filed 
        by an amendment to this report on or before July 9, 1998.
  
       (c)  Exhibits.
  
           (2) Plan of acquisition, reorganization, arrangement, liquidation 
            or succession
  
               Agreement and Plan of Merger, dated as of October 8, 1997, between 
               Indiana United Bancorp and P.T.C. Bancorp (included as an exhibit 
               to Registrant's Current Report on Form 8-K filed with the 
               Commission on October 22, 1997, Commission File No. 0-12422, which
               exhibit is incorporated herein by reference).
  
                                      SIGNATURE
  
  Pursuant to the requirements of the Securities Exchange Act of 1934, Registrant 
  has duly caused this report to be signed on behalf by the undersigned thereunto
  duly authorized.
  
                                            INDIANA UNITED BANCORP
  
                                            By:/s/ Robert E. Hoptry
                                            Robert E. Hoptry, Chairman
                                            and Chief Executive Officer
  
  Dated:  May 13,1998
  INDEX TO EXHIBITS
                                  
   Exhibit                                                            Sequentially
     No.        Description of Document                                 Numbered
  
     2          Agreement and Plan of Merger, dated as of October 8,
                1997, between Indiana United Bancorp and P.T.C.
                Bancorp (included as an exhibit to the Registrant's
                Current Report on Form 8-K filed with the Commission
                on October 22, 1997, Commission File No. 0-12422, 
                which exhibit is incorporated herein by reference).