IN-04 House winner?
Short Answer
1. Executive Verdict
- IN-04 is a strong Republican stronghold with an R+15 PVI.
- Republicans have consistently represented the district since 1995.
- Prediction markets indicate a high probability for a Republican winner in 2026.
- Incumbent Jim Baird faces primary challengers in the 2026 election.
- National trends may favor Democrats, but IN-04 appears highly resistant.
Who Wins and Why
| Outcome | Market | Model | Why |
|---|---|---|---|
| Republican party | 92.7% | 96.5% | The incumbent Jim Baird and two challengers are identified for the 2026 Republican primary. |
| Democratic party | 7.7% | 3.5% | No Democratic candidates or primary contenders are mentioned for the 2026 IN-04 election. |
Current Context
2. Market Behavior & Price Dynamics
Historical Price (Probability)
3. Market Data
Contract Snapshot
This market resolves to "Yes" if the House member sworn in for Indiana's 4th Congressional District for the term beginning in 2027 is a Republican Party member; otherwise, it resolves to "No." The market opened on January 6, 2026, closes on November 3, 2027, at 11:00 AM EDT, with a projected payout by 11:30 AM EDT. Outcome verification is sourced from the Library of Congress and is eligible for accelerated determination after a consensus of media organizations projects the winner.
Available Contracts
Market options and current pricing
| Outcome bucket | Yes (price) | No (price) | Last trade probability |
|---|---|---|---|
| Republican party | $0.93 | $0.07 | 93% |
| Democratic party | $0.08 | $0.92 | 8% |
Market Discussion
Baird won the Indiana's 4th Congressional District general election on November 5, 2024, defeating Democratic challenger Derrick Holder and Libertarian candidate Ashley Groff [^][^]. Baird had previously won the Republican primary on May 7, 2024, while Derrick Holder secured the Democratic primary victory [^][^].
4. What historical election results and demographic data underscore the Republican Party's stronghold in Indiana's 4th Congressional District ahead of the 2024 election?
| 2024 General Election Winner | Jim Baird (64.9%) [^] |
|---|---|
| Cook Partisan Voting Index (PVI) | R+15 [^] |
| Predominant Race | White (Non-Hispanic) 81.4% [^] |
5. How do the campaign fundraising totals and cash-on-hand compare between incumbent Jim Baird and challenger Drew Cox per the latest 2024 FEC reports?
| Jim Baird Total Receipts | $615,163 (through December 31, 2024) [^] |
|---|---|
| Jim Baird Cash on Hand | $214,610 (through December 31, 2024) [^] |
| Drew Cox Ending Cash on Hand | $1,709.46 (for coverage period shown) [^] |
6. What specific campaign strategies or local issues could Democratic candidate Drew Cox leverage to outperform typical party performance in IN-04 this cycle?
| Democratic Candidate | Drew Cox [^][^] |
|---|---|
| Republican Incumbent | Jim Baird [^][^] |
| District Political Lean | Strong Republican [^] |
7. What are the most reliable sources for county-level voter registration and historical turnout data within Indiana's 4th District for the 2024 election cycle?
| Official 2024 Election Data Source | Indiana Secretary of State (IN.gov) reports [^] |
|---|---|
| Official Historical Data Source | Indiana Secretary of State "Voter Registration and Turnout Statistics" archive [^] |
| IN-04 Data Application Requirement | District-to-county mapping [^] |
8. What are the key potential vulnerabilities for incumbent Jim Baird's campaign that could create an unexpected opening for Democrats before the November election?
9. What Could Change the Odds
Key Catalysts
Key Dates & Catalysts
- Expiration: November 03, 2027
- Closes: November 03, 2027
10. Decision-Flipping Events
- Trigger: As of the latest available Polymarket snapshot for “IN-04 House Election Winner,” the market assigns approximately 92% to the “Republican Party” versus approximately 9% to the “Democratic Party,” implying a very high probability of a Republican House winner in IN-04 [^] [^] .
- Trigger: This Polymarket market is scheduled to resolve on or around November 3, 2026, which aligns with Ballotpedia’s listing of the IN-04 general election date as November 3, 2026 [^] [^] .
- Trigger: A key local primary catalyst is relevant to the general-election winner odds.
- Trigger: Ballotpedia lists the primary for Indiana’s 4th Congressional District House election as May 5, 2026, with the filing deadline February 6, 2026 [^] .
12. Historical Resolutions
No historical resolution data available for this series.
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