UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D. C. 20549

                                     FORM 25

            NOTIFICATION OF REMOVAL FROM LISTING AND/OR REGISTRATION
          UNDER SECTION 12(b) OF THE SECURITIES EXCHANGE ACT OF 1934.

                                             Commission File Number 0-24501
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                           BLUE RIVER BANCSHARES, INC.
                             THE NASDAQ STOCK MARKET
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 (Exact name of Issuer as specified in its charter, and name of Exchange where
                     security is listed and/or registered)


      29 East Washington Street, Shelbyville, Indiana 46176  (317) 398-9721
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   (Address, including zip code, and telephone number, including area code, of
                     Issuer's principal executive offices)


                                  Common Stock
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                      (Description of class of securities)


Please place an X in the box to designate the rule provision relied upon to
strike the class of securities from listing and registration:

[_]  17 CFR240.12d2-2(a)(l)

[_]  17 CFR240.12d2-2(a)(2)

[_]  17 CFR240.12d2-2(a)(3)

[_]  17 CFR240.12d2-2(a)(4)

[_]  Pursuant to 17 CFR 240.12d2-2(b), the Exchange has complied with its rules
     to strike the class of securities from listing and/or withdraw registration
     on the Exchange.

[X]  Pursuant to 17 CFR 240.12d2-2(c), the Issuer has complied with the rules of
     the Exchange and the requirements of 17 CFR 240.12d2-2(c) governing the
     voluntary withdrawal of the class of securities from listing and
     registration on the Exchange.

Pursuant to the requirements of the Securities Exchange Act of 1934, Blue River
Bancshares, Inc. certifies that it has reasonable grounds to believe that it
meets all of the requirements for filing the Form 25 and has caused this
notification to be signed on its behalf by the undersigned duly authorized
person.


September 14, 2007    By /s/ Russell Breeden, III    Chairman, CEO and President
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      Date                       Name                          Title