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The 1908 Indiana gubernatorial election was held on November 3, 1908. Democratic nominee Thomas R. Marshall narrowly defeated Republican nominee James Eli Watson with 48.95% of the vote.
Major party candidates
Other candidates
| Party | Candidate | Votes | % | ±% | |
|---|---|---|---|---|---|
| Democratic | Thomas R. Marshall | 348,849 | 48.95% | ||
| Republican | James Eli Watson | 334,040 | 46.87% | ||
| Prohibition | Sumner W. Haynes | 15,926 | 2.24% | ||
| Socialist | Frank S. Goodman | 11,948 | 1.68% | ||
| Populist | F.J.S. Robinson | 986 | 0.14% | ||
| Socialist Labor | O.P. Stoner | 573 | 0.08% | ||
| Independent | James M. Zion | 383 | 0.05% | ||
| Majority | 14,809 | ||||
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| Democratic gain from Republican | Swing | ||||
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