1. In 1979, a massive tornado hit the town of Monticello, Indiana, causing significant damage and killing 3 people. It was rated an F3 on the Fujita scale, with winds reaching up to 206 mph.

2. In 1853, the first Indiana State Fair was held in Indianapolis. This annual event is still going strong today and attracts thousands of visitors every year.

3. On August 24, 1912, the Indianapolis 500 race was held for the first time. This iconic event has become one of the most famous automobile races in the world and is still held annually on Memorial Day Weekend.

4. Indiana University was founded on August 24, 1820, making it one of the oldest universities in the Midwest. Today, it has over 40,000 students and is a major research institution.

5. On this day in 1964, comedian Red Skelton was awarded the Presidential Medal of Freedom by President Lyndon B. Johnson. Skelton was a beloved entertainer and known for his classic comedy routines, such as the character of Freddie the Freeloader.