Elections Intelligence

Indiana 3rd District

DEFENDED SEATSafe R

Marlin A. Stutzman (R) has held this seat since 2025 and is running for re-election. Before that: Jim Banks (R).

Kelly Thompson Challenger
4.4¢
Party market · checked 2:09 PM ETView on Kalshi ↗
97.8¢
Marlin A. Stutzman Incumbent

FTP Race Signal

FTP Race SignalA composite of market, polling and money. The prediction-market price anchors it; a polling average moves it: the last 30 days, or the three most recent pollsters when fewer polled. Polls paid for by a candidate, party or allied group move 2 points toward the other side and count half. When the three most recent independent pollsters each have the race within three points, it is a Toss-up unless the market is already decisive. Fundraising counts only at a five-to-one gap. Past results are context, not inputs. A rating changes only when the evidence clears the line.

The market prices this seat about where its history left it: a 34-point Republican hold in 2024, priced at 97.8¢ today.

Safe R
Safe DLikely DLean DToss-upLean RLikely RSafe R
Fundraising · Lean RR 6.16-to-1 in receipts. Prior result · Safe RR+33.63 in 2024. Market · Safe RR 97.8¢: traders' price for a Republican hold.

No public polls. The market favors Stutzman.

The market moved 3¢ toward the Republican in the last 7 days. As of October 12.

Market

BandPRICEToss-up50¢ to 65¢Lean65¢ to 82¢Likely82¢ to 95¢Safe95¢ and above
R 97.8¢

Kalshi party market · checked 2:09 PM ET

View market on Kalshi ↗

Polling

BandPOINTSToss-up0 to 5Lean5 to 10Likely10 to 20Safe20 and above
—

Prior result

BandPOINTSToss-up0 to 5Lean5 to 12Likely12 to 25Safe25 and above
R+33.6

Marlin A. Stutzman (R)

65.0% to 31.4% · 2024 general election

def. Kiley M. Adolph (D). Margin verified against retrieved official results.

Fundraising

BandRATIO TO 1Parity1 to 5Lean5 and above
R 6.16 to 1

Raised 2025 to 2026 · thru Jun 30

Kelly Thompson$136.3K ↗$6.0K cash
Marlin A. Stutzman$839.6K ↗$101.9K cash

Total receipts in the 2025 to 2026 two-year cycle, through June 30, 2026.

The general election is on November 3, which is 22 days away.