If the OP wants to solve his problem he only needs this:
Magnetic Base with Fine Adjustment and SAE Dial Test Indicator with 0.0005: Resolution (half a thousandth), 1" Travel, Accuracy 0.001" per 1" Mag Base MBDI: Amazon.com: Industrial & Scientific
www.amazon.com
and this:
Mercedes Wheel Bearing Service Kit - Timken 1409810305
www.fcpeuro.com
You can get cheaper dial indicators than the one shown but bottom line if the OP wants to resolve this for good all he needs to spend is about $100.
Buying only bearings for the one, problematic, side would be even less but would be the minimum replacement parts. None of us have seen the inner bearing on this car so that is why it would be dumb to think of this all in terms of just the bearing we can see in the photos, right?