Waterman, who has served in the Senate since 1994, has not announced whether he will seek another term and plans to make an announcement later this week.
Bassler’s announcement is the latest by several candidates for state seats in 2014.
Earlier this month, Mike Braun of Jasper announced his intentions to run for Indiana House District 63, while current Rep. Mark Messmer said he will run for the state senate in District 48.
Today, Bassler will be in Freelandville, Sullivan, Clay City and Owen County to meet with voters. He plans to have a full schedule of meeting and talking with the public in the next year.
“We are going to be attending festivals, parades, fairs and a lot of events,” Bassler said. “We are going to have a very aggressive schedule.”