On the territory of Lyubotyn, the oldest church in the city, the Holy Ascension Church, has survived, which remembers the visit of Emperor Alexander I and many other historical events.

In 1741, at the request of Kharkiv regimental judge Alexander Chernoglozov, permission was granted to build a church in honor of Saint Great Martyr Paraskeva in the village of Lyubotyn. However, it soon burned down, and in 1750 a new wooden church was erected.

By 1801, there were two priests, one deacon, two clerks, and two sextons serving in the church. In 1805, a stone foundation for a new church of Saint Paraskeva was laid, and its construction was completed in 1811. The consecration took place on September 18, 1811, by Bishop Christophor Sulima. In 1836, a new iconostasis was installed, and the church was reconsecrated in honor of the Ascension of the Lord. The iconostasis was created from donations by local landowners and peasants.

On August 1, 1820, Emperor Alexander I, traveling from Kharkiv to Poltava, listened to the liturgy here. After the service, he participated in the water blessing at the well in the yard of landowner Petrovsky, and then had lunch in a specially prepared apartment. The emperor gifted the priests and the host 1000 rubles each. In memory of the visit, a bronze plaque with an inscription was installed in 1851, but it has not survived to this day.

Since 1843, the priest of the church became Grigory Tomashevsky, who expanded the church, built a bell tower, and a brick fence. In 1846, the first school in Lyubotyn opened at the church. In 1866, Tomashevsky published notes on the history of the city and the morals of the parishioners, the first local history research of Lyubotyn.

In 1921, the church was closed by the authorities, property was confiscated, and icons were destroyed. Until 1936, the building was not used, then it was turned into a club, which operated until 1941. During the German occupation, the church was used as a stable, and later for cotton production. In 1950, after a fire, the workshop was closed, and in 1959 the dome was demolished. The church space was divided into two floors, and it was used for an oil mill and a rendering plant.

In 1992, the church was returned to the believers, who restored the western part for services. In 1998, restoration began. On June 7, 2010, Archbishop Onufriy consecrated the restored church. Thanks to the efforts of the rector Father Ioann Zelensky and the parishioners, a new bell tower was built. On September 11, 2012, Archbishop Onufriy consecrated the bells before their installation.

The Ascension of the Lord Church in Lyubotyn is known for its unique wall construction system, which houses wells that create excellent acoustics.