The 1987 Virginia Slims of Indianapolis was a women's tennis tournament played on outdoor hard courts at the Indianapolis Racquet Club in Indianapolis, Indiana in the United States and was part of the Category 1+ tier of the 1987 WTA Tour.

It was the eighth edition of the tournament and ran from October 25 through November 1, 1987.

Unseeded Halle Cioffi won the singles title.

[1][2] Halle Cioffi defeated Anne Smith 4–6, 6–4, 7–6(12–10) Jenny Byrne / Michelle Jaggard defeated Beverly Bowes / Hu Na 6–2, 6–3