Aims. We present optical photometry and spectroscopy of the Type II supernova ASASSN-14jb, together with VLT MUSE IFU observations of its host galaxy and a nebular-phase spectrum. Methods. This supernova, in the nearby galaxy ESO 467-G051 (z = 0.006), was discovered and followed-up by the All Sky Automated Survey for SuperNovae (ASAS-SN). We obtained well-sampled LCOGTN BVgri and S wi f t w2m1w1ubv optical and near-UV/optical light curves and several optical spectra in the early photospheric phases. ASASSN-14jb exploded ∼ 2 kpc above the star-forming disk of ESO 467-G051, an edge-on disk galaxy. The large projected distance from the disk and non-detection of any H II region in a 1.4 kpc radius in projection are in conflict with the standard environment of core-collapse supernova progenitors and suggests the possible scenario that the progenitor received a kick in a binary interaction. Results. We present analysis of the optical light curves and spectra, from which we derive a distance of 25 ± 1 Mpc using state of the art empirical methods for Type II SNe, physical properties of the SN explosion ( 56 Ni mass, explosion energy, and ejected mass) and properties of the progenitor, namely the progenitor radius, mass and metallicity. Our analysis yields a 56 Ni mass of 0.0210 ± 0.0025 M , an explosion energy of ≈ 0.25 × 10 5 1 ergs and an ejected mass of ≈ 6 M . We also constrain the progenitor radius to be R * = 580 ± 28 R which seems to be consistent with the sub-Solar metallicity of 0.3 ± 0.1 Z derived from the supernova Fe II λ5018 line. The nebular spectrum constrains strongly the progenitor mass to be in the range 10-12 M . From Spitzer data archive we detect ASASSN-14jb ≈ 330 days past explosion and we derive a total dust mass of 10 −4 M from the 3.6 µm and 4.5 µm photometry. Using the FUV, NUV, BVgri,K s , 3.6 µm, and 4.5 µm total magnitudes for the host galaxy, we fit stellar population synthesis models which gives an estimate of M * ≈ 1 × 10 9 M , an age of 3.2 Gyr, and a SFR ≈ 0.07 M /yr. We also discuss the low oxygen abundance of the host galaxy derived from the MUSE data, having an average of 12 + log (O/H) = 8.27 +0.16 −0.20 using the O3N2 diagnostic, with strong line methods and compare it with the supernova spectra, which is also consistent with a sub-Solar metallicity progenitor. Following recent observations of extraplanar H II regions in nearby edge-on galaxies, we derive the metallicity offset from the disk, being positive (but consistent with zero at 2 σ), suggesting enrichment from disk outflows. We finally discuss the possible scenarios for the unusual environment for ASASSN-14jb and conclude that either the in-situ star formation or runaway scenario would imply a low mass progenitor, agreeing with our estimate from the supernova nebular spectrum. Regardless of the true origin of ASASSN-14jb we show in this work that the detailed study of the environment can roughly agree with the stronger constrains of the transient observations.