Police said they found more than 70 shell casings at the scene from five different caliber guns, plus 13 bullet fragments.
According to neighbors, there were eight people in three cars that pulled up to the house before opening fire.
Per Tom Maccabe of RTV6, the back door was also kicked in with several shots fired from there.
While there was significant damage to the house, there were no people harmed in the shooting.
Frazier is listed as an assistant to the head coach on the team's official website. Prior to his coaching career, he played quarterback at Murray State.
"We are extremely thankful our employee was not home at the time of the incident," the Colts said in a statement. "Because this is an ongoing investigation, we have no further comment."