Bassett was created in 1903. The next year, the Bassett and Concreto extensions were made to the Iola Electric Railroad street car line. In 1914, the first concrete road in Kansas was created in Bassett.[4]
The United States Census Bureau says that the city has a total area of 0.10 square miles (0.26 km2). Of that, 0.07 square miles (0.18 km2) is land and 0.03 square miles (0.08 km2) is water.[2]