The present work reports magnetic, magnetoelastic and magnetoelectric (ME) response of scandium (Sc) doped barium hexaferrite, BaFe10Sc2O19. DC magnetization shows that partial substitution of non-magnetic Sc for Fe in barium hexaferrite results in a reduction of Curie temperature (T C) from 730 K known for the parent compound BaFe12O19 to 430 K. Magnetization measurements show that, in BaFe10Sc2O19, in addition to the magnetic transition at 250 K corresponding to longitudinal conical magnetic structure, another magnetic anomaly occurs in the vicinity of 50 K (T max). Ac susceptibility and magnetic relaxation show that the magnetic transition at T max is associated with spin glass like dynamics. Field dependence of this glassy transition temperature follows the Almeida-Thouless (A-T) line expected for spin glass-like behaviour. Unit cell volume obtained from the neutron diffraction (ND) measurements shows deviation from the Debye-Gruneisen behaviour below 50 K, revealing the magnetoelastic coupling. Existence of magnetoelastic coupling is also confirmed by Raman spectra as Raman modes show anomalous changes around 50 K and also indicates presence of lattice modulation. Further, the magnetic structure obtained from ND data shows that incommensurate longitudinal conical ferrimagnetic structure persists from 210 K to 3 K. The integrated intensity of (0 0 2) peak and magnetic moments undergoes a subtle change below 50 K that seems to favour coexistence of long range magnetic ordering and spin glass-like dynamics. Significant magneto-dielectric effect was observed around 50 K. Temperature dependent studies of dielectric constant and pyroelectric current indicate the presence of ferroelectricity even in zero magnetic field. Further, existence of ME coupling below 50 K is confirmed by temperature dependence of pyroelectric current under magnetic fields up to 70 kOe. In short, this work identifies a new magnetic anomaly around 50 K, which is spin-glass-like inducing magnetoelastic and ME anomalies, even in the absence of external magnetic fields.