I'd say it was a good deal, depending on what it needs fixed, if anything, and secondly, if it will do what you need it to. I paid close to $1700 Cdn for my Land Pride 60" 1860 (new) so $150 is a smokin' deal.
Looking at where the ridge is will tell you a bit about what happened. If the blades bent enough to force them up into the deck surface, as long as they didn't cut into the surface and were replaced after the event, the mower should be ok. If they cut a groove around the deck, it would weaken the deck, how much is debatable.
If the stump came loose and jammed up between the stump jumper and deck, causing the groove, it would have put a pretty high load on the gearbox.
If the ridge is out near the blade ends, it's a safe bet the blades bent.
I'd buy it myself under a couple of conditions:
First, it would have to be suitable for what I needed it for, otherwise it's no good to me whether it's a good deal or not. Check the KK specs for brush size, blade thickness, etc. Anything less than 3/8 blade thickness and you'll have durability problems mowing anything but grass and weeds. No one plans to mow rocks but a few get done over the years regardless of intent. 40 HP gearbox should be a good match for your tractor.
Second, get the current owner to lift it up via FEL or forklift, and have a good look underneath. See if the ridge has cut into the deck material too much for it to be safe long-term. You can always weld it back up, too. For that price I'd be willing to do some repairs.
Third, I'd have to see it run before any cash changed hands. If it hit something that hard, there's a chance it bent the output shaft or damaged the gearbox. Run it before you look underneath, it may save time looking afterwards if it shakes like a dog passing razor blades. If the stump jumper is bent, that may not be the end of the world. All the stump jumper is, is a glorified salad bowl welded to a cross frame that supports the blades. It's designed to prevent the blade support from hitting a stump, ergo the name. The blades themselves are hinged on the cross-frame (blade support) and fold up if they hit anything, the cross-frame is attached to the output shaft.
If the owner is reluctant to lift it up or run it, offer to pay him for his time. If he still doesn't want to do it, then walk away from the deal.
Sean