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As always, legal advice offered via the internet is worth less than you pay for it.
That being said, if Indiana has no requirement for a background check or other legal hoop before a sale, then the general rules apply. Those rules require that the purchaser (or recipient of a gift) not be prohibited from ownership due to criminal history, mental health, drug use, or age. If you or your sister aren't prohibited under federal or state law, then you can purchase a weapon for yourself or gift one to her.
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