<ARTICLE> 5 <LEGEND> The schedule contains summary financial information extracted from the balance sheet and statement of income and is qualified in its entirety by reference to such financial statements. </LEGEND> <CIK> 0000786622 <NAME> KRUPP INSURED PLUS LTD PARTNERSHIP <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> MAR-31-1997 <CASH> 2,079,566 <SECURITIES> 69,097,198<F1> <RECEIVABLES> 475,822 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 917,663<F2> <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 72,570,249 <CURRENT-LIABILITIES> 3,282 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 71,760,799<F3> <OTHER-SE> 806,168<F4> <TOTAL-LIABILITY-AND-EQUITY> 72,570,249 <SALES> 0 <TOTAL-REVENUES> 1,374,816<F5> <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 378,387<F6> <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 996,429 <INCOME-TAX> 0 <INCOME-CONTINUING> 996,429 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 996,429 <EPS-PRIMARY> 0<F7> <EPS-DILUTED> 0<F7> <FN> <F1>Includes Participating Insured Mortgages ("PIMS") of $42,591,956 and Mortgage-Backed Securities ("MBS") of $26,505,242. <F2>Includes prepaid acquisition fees and expenses of $4,485,919 net of accumulated amortization of $3,807,461 and prepaid participation servicing fees of $1,075,650 net of accumulated amortization of $836,445. <F3>Represents total equity of General Partners and Limited Partners. General Partners deficit of ($229,381) and Limited Partners equity of $71,990,180. <F4>Unrealized gain on MBS. <F5>Represents interest income on investments in mortgages and cash. <F6>Includes $188,184 of amortization of prepaid fees and expenses. <F7>Net income allocated $29,893 to the General Partners and $966,536 to the Limited Partners. Average net income per Limited Partner interest is $.13 on 7,500,099 Limited Partner interests outstanding. </FN>