Glass-ceramics with cubic BaTiO3 as a major and hexagonal BaTi1-xFexO3-δ as a second phase were prepared by crystallization at 560 °C in a glass with the composition 20.1Na2O/23TiO2/23.1BaO/3Al2O3/7.6B2O3/17.4SiO2/5.8Fe2O3. X-ray photoelectron spectroscopy revealed presence of Ti4+ and Fe3+ ions in tetrahedral and octahedral coordination. Ba2+ occurs in different environments depending on the thermal history of the samples. The numbers of bridging and non-bridging oxygens vary with the crystallization time. Electron paramagnetic resonance spectroscopy showed four types of Fe3+ ions that are non-uniformly distributed in the samples: Fe3+ ions in magnetic domains, isolated Fe3+ in a rhombic crystal field, magnetically coupled Fe3+ ions in BaTiO3 and Fe3+ ions located in a crystalline phase. The ratio between the described types of Fe3+ ions depends on the annealing time. Mössbauer spectroscopy detected Fe3+ tetrahedral and octahedral coordinated in the glass. Fe3+ was incorporated in distorted octahedral and pentahedral coordination in the Ti4+ sites of hexagonal BaTiO3 crystals, the electroneutrality being preserved by the occurrence of oxygen vacancies. Vibrating sample magnetometer measurements were used to determine ferromagnetic properties in samples crystallized for times ≥ 3 h. Maximum magnetization of 0.8 emu/g and a coercive force of 25 Oe were determined for the sample crystallized for 3 h at 560 °C.