Good things about living in Montpelier:
1. The city is situated in a scenic area near the Wabash River, making it perfect for outdoor activities like fishing, hiking, and camping.
2. The city has an excellent education system, with a high graduation rate and access to quality schools.
3. There is a vibrant community atmosphere with plenty of local businesses, restaurants, and entertainment venues.

Not so good thing about living in Montpelier:
The cost of living in Montpelier is slightly higher than the average in Indiana, making it less affordable than other cities in the state.

Montpelier, Indiana is a small village located in Blackford County with a population of around 1,000 people. Some potential benefits of buying property in Montpelier, Indiana could include:

1. Affordability: The cost of living in Montpelier, Indiana is relatively low when compared to other parts of the country, which could make it an attractive place to buy property and settle down.

2. Community: Montpelier is a small community, which can be a benefit for those who value tight-knit communities and a sense of belonging.

3. Natural surroundings: Montpelier is located in a beautiful part of the country with plenty of natural surroundings to explore, including lakes and nature reserves.

4. Rural charm: For those who long for a simpler way of life, the rural charm of Montpelier and the surrounding area could offer a welcome respite from the stresses of city living.

5. Investment potential: Depending on market trends, purchasing property in Montpelier could offer good investment returns over time.

It's important to conduct your due diligence and research the local real estate market and other factors that may impact your decision to buy property before making any investment decisions.