You can't use "indicate" as a bitransitive verb this way because it doesn't operate on the two subjects in the same way. With an object you are pointing out you can say "indicate [object]", but you need the word "to" in reference to the subject to whom you are indicating.
Some similarly constructed sentences might work that way, for example:
I sent a letter to my friend.
Could be rewritten as:
I sent my friend a letter.
"Sent" is bitransitive here because it is acting on both "my friend" and "a letter". This sentence works because you can say both "I sent my friend" and "I sent a letter". It flows idiomatically and by the end it is clear you sent the letter to your friend.
However, you can't say "I'd like you to indicate me", and that is why your example doesn't scan. It should be either:
I'd like you to indicate to me the place (grammatical, but not idiomatic).
I'd like you to indicate the place to me.
More naturally though, I would probably say either:
Can you show me the place?
Can you point out the place to me?