The building was the home of Stacy G. Carkhuff, Carkhuff was a highly respected secretary of Firestone Tire and Rubber Company. He had worked at the Firestone Company from 1905 to 1943, becoming associated with the company shortly after its inception. Carkhuff had made a name in Akron by being an industrialist who promoted and controlled this leading Akron industry.
Carkhuff lived in the house until 1945, when he passed away. After his death, Carkhuff’s children donated the house to the Firestone Foundation. The house acted as the offices for the Firestone Foundation until 1982, the home also served as the archives for the foundation. After being sold by the Firestone Foundation, the house was purchased by the law firm of Oldham and Oldham. The building was once again sold in 2004 to the Sovereign Chemical Company who completed an extensive restoration of the building in 2005. The Sovereign Chemical Company used the home until 2017 when the house once again went up for sale. As of 2019, the Carkhuff is for sale at a price of $1,295,000, for this historic home.