if he is the one transporting across the state line form Illinois to Indiana i don't see what you have to worry about. you don't need to FFL to transfer face to face in Indiana. i would think it wouldn't be any different then doing a FTF deal with anyone of us. but i'm not a lawyer, so i could be wrong.
This is a quote from ATF's website:
Q: From whom may an unlicensed person acquire a firearm under the GCA? A person may only acquire a firearm within the person’s own State, except that he or she may purchase or otherwise acquire a rifle or shotgun, in person, at a licensee’s premises in any State, provided the sale complies with State laws applicable in the State of sale and the State where the purchaser resides. A person may borrow or rent a firearm in any State for temporary use for lawful sporting purposes.
[18 U.S.C. 922(a)(3) and (5), 922(b)(3), 27 CFR 478.29 and 478.30]
If the person you are buying the long gun from out-of-state is not an FFL dealer, then it is unlawful to purchase the long gun. Handguns may not be purchased from a private party or dealer out of state without having it transferred to a dealer in your state, in this case, Indiana.
Thanks for the responses. I guess its off to the ffl. I just hate waiting 5 business days to pick up MY firearm after its been paid for. Happens every time - guess I should be use to it by now.
If he comes to IN, there's no waiting period...
You will have to abide by Illinois' waiting period if the transfer is done in IL, of course.
It might end up being easier for the feller to come to you rather than you go to him. Especially if the transfer fee is much lower from an IN FFL. Could always offer the guy a few bucks' worth for gasoline to help.
-J-