The Terps exceeded expectations in a 21-12 season that ended in the second round of the NCAA Tournament.
Hakim Hart and Julian Reese combined for 32 points to help the Terps advance.
The Hoosiers went on a 20-2 run in the second half that eliminated the Terps at the quarterfinal stage.
The senior dropped 20 points and hit a joint season-high four threes in the Terps' win over Minnesota.
The Terps will play Indiana on Friday evening in the quarterfinal round.
Carey is the only Terp to win a conference tournament championship.
The Terps lead by as much as 16 but suffered their ninth away defeat in Big Ten play this year in their regular-season finale.
The Terps dropped their eighth conference road bout with the loss.
The Terps went undefeated at home in Big Ten play and were 16-1 at Xfinity Center this season.
Martinez averages the sixth most minutes on the team.