[2][3] The name Baznykivka originates from the local Ukrainian dialect word "базник" (Romanised:"baznyk"), which means "elder."

It is believed that the name was given to the village due to the presence of a respected elder in the community who held a significant position of authority and influence.

Burials from the times of Kyivan Rus (12th-13th centuries) have been discovered on the territory of Baznikovka.

After the Second World War, some of the soldiers were sent to Western Ukraine and died in battle with the Enkavedists.

For 30 years, every summer, a training and recreation camp named "Lysonya" after I. Gavdydy was held near the Sokolytsia farm, attended by plastuns from all over Ukraine and members of various Christian organizations.