New Detailed Update from the Storm Prediction Center

From Top to Bottom: Wind Threat, Hail Threat, Tornado Threat (very high on Mississippi, Tennessee, and Arkansas)

Overall Severe Threat:
Green-General Thunderstorms (we are included in the wind threat as you can see in the previous set of images.)

Yellow- severe thunderstorms are possible

Red- severe thunderstorms are likely (severe weather outbreak possible).

Pink-High Risk (not shown on the map) High Risks are only issued a few times per year. High Risk means a large severe weather event is likely. High Risks are placed out for public awareness. High Risk means that thunderstorms are capable of destroying life and property.
The last time Indiana was under a high risk would have been in Oct. of 2009 when a squall moved through. It produced a few tornadoes in Indiana and several reports of wind damage.

Check my full forecast of the event in the previous post.