That would reunite him with another former Hoosier, Peter Jurkin, who transferred there following the 2013-14 season.
Mosquera-Perea, who averaged 6.5 points and 4.3 rebounds as a junior at IU last season, was dismissed from the team along with Devin Davis earlier this month.
Perea will have to sit out the 2015-16 season and then will have one season of eligibility remaining at East Tennessee State.
East Tennessee State recently hired Steve Forbes as its head coach. Forbes was an assistant coach last season at Wichita State.