The cubic Ba0.5La0.5CoO3-delta was synthesized using solid state reaction. The structural properties were determined by the simultaneous refinement of Synchrotron Powder X-ray Diffraction and Neutron Powder Diffraction data. Iodometric titration was used to examine the oxygen stoichiometry and average cobalt oxidation state. Low-temperature magnetic studies show soft ferromagnetic character of fully oxidized material, with theta(P) = 198(3) K and mu(eff) = 2.11(2) mu(B). Electric measurements show the thermally activated nature of conductivity at low temperatures, whereas, due to the variable oxidation and spin state of cobalt, a single charge transport mechanism cannot be distinguished. Around room temperature, a wide transition from thermally activated conductivity to semi-metallic behavior is observed. Under the inert atmosphere, the oxygen content lowers and the cation ordering takes place, leading to coexistence of two, ordered and disordered, phases. As a result of this change, thermally activated conductivity is observed also at high temperatures in inert atmosphere.