Here are some possible pros and cons of home ownership in Borden, Indiana:

Pros:
- Affordability: The median home price in Borden is lower than the national median, which may make it more accessible to first-time home buyers or those on a tighter budget.
- Peaceful living: Borden is a small village with a population of around 800 people, which may appeal to those seeking a quieter, more rural lifestyle.
- Access to nature: Borden is located near Hoosier National Forest, offering residents opportunities for hiking, camping, and other outdoor activities.
- Close-knit community: Smaller towns like Borden often have tight-knit, supportive communities where it's easier to get to know your neighbors and develop long-lasting connections.

Cons:
- Commute: Borden is located about 25 miles north of Louisville, Kentucky, which may be a long commute for some workers who work in Louisville.
- Limited amenities: As a small village, Borden may offer fewer amenities and resources than larger cities, such as shopping centers, entertainment venues, and public transportation options.
- Limited job opportunities: Borden may have limited job opportunities compared to larger cities, which could be a challenge for those seeking employment.
- Risk of natural disasters: Like many parts of Indiana, Borden is at risk of tornadoes, flooding, and other natural disasters, which could impact property values and insurance costs.

It's important to note that these are general pros and cons, and may not apply to everyone. It's always a good idea to do research and consider your personal needs and preferences before making a decision about homeownership.