Ogden Dunes is a picturesque, wooded community that blends beautifully with the natural beauty of Lake Michigan's southern shore. Here are some pros and cons to purchasing real estate in the village of Ogden Dunes:

Pros:
1. Scenic Location - Ogden Dunes is surrounded by forest preserves and nestled against the shores of Lake Michigan, which provides gorgeous views and access to outdoor recreation.
2. Low Crime Rate - Ogden Dunes is one of the safest communities in Porter County.
3. Excellent Public Education - The village is served by the Duneland Schools, one of the highest-ranked school districts in the state of Indiana.
4. Commute Time - It's located approximately 40 miles southeast of Chicago's city center which can offer an easy commute to the Windy City.

Cons:
1. Expensive - Ogden Dunes can be considered an expensive location when it comes to home prices, renting, and property taxes.
2. Extreme Weather Conditions - Due to its proximity to Lake Michigan, winters can be extremely cold and windy, and summers can be hot and humid.
3. Limited Job Opportunities - It is a small community and doesn't offer many job opportunities. Residents may need to commute outside the area for work.
4. Lack of Diversity - The town is not very diverse and is predominantly white.

These are some of the pros and cons of purchasing real estate in the village of Ogden Dunes, Indiana. It ultimately depends on what you are looking for in a community and what you can afford, so it's important to research and visit the area before making a decision.