General pros and cons of buying property in a small village like Ridgeville:

Pros:
- Lower cost of living compared to living in a big city or urban area
- More peaceful, quiet and less congested environment
- Access to nature and outdoor recreational activities
- Friendly and tight-knit community

Cons:
- Limited job opportunities and business options
- Lack of access to amenities and conveniences that big cities offer
- Limited public transportation options
- Possible lack of diversity and limited social opportunities compared to bigger cities

It is important to do thorough research on the specific village of Ridgeville, Indiana before making any real estate investments. Factors such as housing market trends, crime rates, and local regulations should all be carefully considered.