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Gravity sumps without pumps like that in older country homes are fairly common. They actually work well as long as you don't get any major seepage into the basement from a huge storm or a badly place downspout. If it's a fieldstone foundation or exposed block (no drywall covering) it should be pretty ease to tell if you have any leaking to worry about. Always double check the attic in older country homes. You don't want any unwanted tenants.... Slope will be enough of an issue to deal with :)