The church was built and consecrated in honor of the hierarchs Basil the Great, Gregory the Theologian, and John Chrysostom. In the first half of the 20th century, it was closed due to the beginning of persecutions against the church and clergy, and in the 1970s it was destroyed after its closure. Icons and church utensils either disappeared or were destroyed. The dome of the church, which had not been used for a long time, burned down due to an accident: children often climbed into the attic and onto the roof to catch pigeons, and from their bonfires a ceiling beam caught fire, leading to the blaze.

The church gradually fell into ruin, and the walls began to collapse. The then-chairman of the collective farm decided to dismantle the church to use the bricks for building a warehouse. However, the collective farmers refused to participate in the destruction of the church. The chairman still persuaded one of the locals, a tractor driver, to start breaking down the walls. The church could not be completely destroyed. Subsequently, both the chairman and the tractor driver died under tragic circumstances, and the bricks were never used, making the endeavor pointless and leading to sad consequences.

Now the ruined church stands on a hill, visible from afar, both from the ferry in Bolshoy Mogoy and from the road to Volodarovsky and Razino.

The only surviving icon of the First Martyr Archdeacon Stephen from this church was saved by a local resident, Valentina, and transferred to the Church of the Icon of the Kazan Mother of God in the village of Ilyinka, where it remains to this day.