We were in town for the weekend for our daughter to compete in a sporting event at IUPUI. We were looking for something close to the complex that didn't charge for parking, with enough room for our family of five at a good price. This is not a luxury hotel, but this absolutely met our needs. Upon check in late at night (10 pm), we were greeted warmly, checked in with a very minimal wait and directed to our "room." The room was actually a two bedroom apartment. While the room did show wear, it was clean and had everything we needed for our stay. We were less than 5 minutes from the sports complex, which was a huge bonus for us.
The only thing worth mentioning is that, since this is not an actual hotel, there is not a front desk staff available 24 hours. You will need to touch base with the hotel across the parking lot if you need anything. We did not, so this was not an issue for us.
For what we paid and what we were looking for, Park Place City Centre was exactly right!