The damage is widespread, but miraculously there were only minor injuries.
Indiana Gov. Mike Pence says it is a miracle that no one was killed or badly hurt by a tornado that hit the city of Kokomo.
He said there is no estimate on the amount of damage caused by the storms at this time.
Howard County, Indiana, Sheriff Steve Rogers said 10 funnel clouds were confirmed throughout the city and county, but no deaths or serious injuries were reported from the damage.
But meteorologist Amos Dodson in the agency's North Webster, Indiana, office says crews are still surveying damage near Peru to determine if it was caused by a tornado.
Heidi Otiker lives on a block that was hit Wednesday, as well as by a tornado in November 2013. The tornado flattened a Starbucks in Kokomo.
A house that sustained heavy damage in Kokomo, Indiana.
Indiana University Kokomo cancelled all events on campus Wednesday evening due to the severe weather.
The National Weather Service says five tornadoes touched down Wednesday in Indiana.
Tree branches rest on top of a vehicle after a tornado struck in Kokomo, Ind., Wednesday.
Some houses and farm buildings were damaged by storms in rural areas near Fort Wayne, Indiana, and the Montgomery County community of Mace, about 35 miles northwest of Indianapolis.
Utility companies reported more than 32,000 customers were without power statewide as of 9:15 p.m.
In Crawfordsville, Indiana, about 60 miles southwest of Kokomo, winds reached 111 miles per hour.
The Indiana Red Cross regional headquarters in Indianapolis has a team of employees and volunteers working at an operations center.
One was an EF3 with winds up to 165 mph that damaged and destroyed homes and business in the city of Kokomo, about 40 miles north of Indianapolis.
Pressed on whether he would clear his campaign schedule for the rest of the week, Pence said: "We'll be here as long we need to be to make sure Hoosiers who have been impacted by these storms have what they need and have the support they need".
"Want to shout out to everybody who was affected by [Wednesday's] storms", Colts coach Chuck Pagano said.