 Round: 1 | 2 | 3 | 4 | 5 | 6 | 7 Prospects by: Players | Teams | Schools | Positions | Alerts  | Top 329 Ranked PlayersExplanation of Alerts | Grades Message Boards: Colts | NFL |
| RD | PK(OVR) | NOTES | NAME | POS | SCHOOL |
| 2 | 12(44) | from Pittsburgh | Bob Sanders | DB | Iowa |
| 3 | 5(68) | from Cleveland | Ben Hartsock | TE | Ohio State |
| 3 | 6(69) | from Atlanta | Gilbert Gardner | LB | Purdue |
| 4 | 11(107) | from Pittsburgh | Kendyll Pope | LB | Florida State |
| 4 | 29(125) | from Philadelphia through Atlanta | Jason David | DB | Washington State |
| 5 | 9(141) | from Cleveland | Jake Scott | OT | Idaho |
| 6 | 8(173) | from Cleveland | Von Hutchins | DB | Mississippi |
| 6 | 28(193) | null | Jim Sorgi | QB | Wisconsin |
| 7 | 28(229) | from St. Louis | David Kimball | PK | Penn State |
