I am an out of state student as well (from Massachusetts) and I was just accepted today! Unless IU dramatically increases their standards for admission in the next year, I think you should be fine. I have a 3.0 GPA and an 1830 SAT. Just make sure you think carefully about what to say in your essay because I think that is one thing that really helped me seeing as I was probably on the bubble for admission.
Hope this helps!