April 30, 1999


Securities and Exchange Commission
Operations Center
6432 General Green Way
Alexandria, VA  22312-2413

Gentlemen:

We are transmitting herewith Indiana Energy, Inc.'s
Current Report on Form 8-K.

Very truly yours,



/s/ Douglas S. Schmidt
Douglas S. Schmidt


                                   
                                   
                  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, 1999




                          INDIANA ENERGY,INC.
         (Exact name of registrant as specified in its charter)




     INDIANA                         1-9091           35-1654378
(State or other jurisdiction   (Commission File No.)  (IRS Employer
     of incorporation)                                 Identification
                                                       Number)





       1630 North Meridian Street, Indianapolis, Indiana  46202
            (Address of principal executive offices)   (Zip Code)





Registrant's telephone number, including area code:   (317) 926-3351

Item 5.    Other Events

On April 30, 1999, Indiana Energy, Inc. (the company) released
summary financial information to the investment community regarding
the company's results of operations, financial position and cash
flows for the three-, six- and twelve-month periods ended March 31,
1999.  The financial information released is included herein.  This
information is summary in nature, does not include footnote
disclosures and should not be considered complete financial
statements.

Item 7.    Exhibits

99     Financial Analyst Report - Second Quarter 1999
      

                              SIGNATURES

   Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf
by the undersigned thereunto duly authorized.


                                 INDIANA ENERGY, INC.
                                    Registrant




Dated April 30, 1999     /s/Carl L. Chapman
                         Carl L. Chapman
                         Senior Vice President and
                         Chief Financial Officer



Dated April 30, 1999     /s/Jerome A. Benkert
                         Jerome A. Benkert
                         Vice President and Controller