<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from Krupp
Institutional Mortgage Fund L.P. Financial Statements for the year ended
December 31, 1995 and is qualified in its entirety by reference to such
financial statements.
</LEGEND>
       
                             
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-END>                               DEC-31-1995
<CASH>                                       1,260,798
<SECURITIES>                                         0
<RECEIVABLES>                               28,432,247
<ALLOWANCES>                                16,524,000
<INVENTORY>                                          0
<CURRENT-ASSETS>                            13,169,045
<PP&E>                                           3,735<F1>
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                              13,172,780
<CURRENT-LIABILITIES>                           12,952
<BONDS>                                              0
<COMMON>                                    13,159,828<F2>
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<OTHER-SE>                                           0
<TOTAL-LIABILITY-AND-EQUITY>                13,172,780
<SALES>                                              0
<TOTAL-REVENUES>                               868,620
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                               103,495
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                                      0
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                                  0
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   765,125
<EPS-PRIMARY>                                        0
<EPS-DILUTED>                                        0
<FN>
<F1>Other Assets.
<F2>Includes Limited Partner equity of $13,327,834 and General Partner equity of
($168,006).
</FN>