The first thing you need to do is tear down anything that covers your basement wall so that you can examine the problem.
Slightly bowed basement wall.
Most of the time a bowing wall is caused by hydrostatic pressure.
These conditions are common in indiana during snow melts and spring rains but can also be caused by poor drainage around your house.
If you notice any cracks in the wall then they will need your attention first.
Steel beam foundation reinforcement.
One is right after construction of the foundation the contractor could have put the dirt back around the basement walls too soon too fast or without properly bracing the walls first causing a hairline fracture.
There are a few likely causes for the horizontal cracks that lead to a basement wall bowing in.
Bowing or buckling basement walls rebuilding the foundation wall.
Walls with severe structural damage will show additional horizontal cracks shearing.
The situation can develop slowly over many years from the force of water saturated soil pushing against.
The most common cause for foundation walls bowing in is saturated clay soils in the backfill.
This often occurs when gutters are left unattended and rain water spills over them or downspouts drop right next to the foundation.
This pressure develops when the soil around your house is saturated with water.
It is more common than you might think for a concrete block foundation wall to bow inward.
To install steel beam foundation support the floor along the foundation walls must.
Remove as much of the covering as possible so that you can look at the whole wall.