Great Things:
1. Middlebury is a small, friendly town with a strong sense of community.
2. The town is close to larger cities like South Bend and Elkhart, offering easy access to amenities, entertainment, and employment opportunities.
3. Middlebury is surrounded by beautiful natural areas like the White Pigeon River and Potato Creek State Park.
4. The cost of living in Middlebury is low compared to many other cities in the area.

Bad Aspect:
The town can be quite isolated from larger urban centers, making it difficult to access certain services or find job opportunities.

Pros of homeownership in Middlebury, Indiana:

1. Affordability: The cost of living in Middlebury, Indiana is fairly low compared to national and state averages. As a result, homeownership is relatively affordable.

2. Community: Middlebury has a strong sense of community, making it an ideal place for homeowners who want to have a sense of belonging and stay connected with their neighbors.

3. Family-friendly: Middlebury is a family-friendly town with excellent schools and plenty of parks and recreational opportunities.

4. Growing economy: The town of Middlebury is experiencing an economic growth, creating new job opportunities and business investments.

Cons of homeownership in Middlebury, Indiana:

1. Extreme Weather: Middlebury also experiences extreme weather changes characterized by long winters and humid summers, which can affect the home's condition if not properly maintained.

2. Limited Amenities: The small size of Middlebury while significant for family life, limits the availability of certain amenities that you might need.

3. Distance from major cities: Distance from major cities and transport infrastructure also may affect how easy it is to travel to and from Middlebury.

4. Limited nightlife: If you are looking for a lot of entertainment options, Middlebury may not offer much of a nightlife outside of its small-town atmosphere.