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I.R.A.Y. Auction was established in 2000 by Col. Ray Henry, a third-generation auctioneer with more than 30 years? experience. I.R.A.Y. Auction provides a multitude of auction services and benefits, holding both on and offsite auctions throughout the year to sell, in addition to heavy iron, real estate, personal property, business liquidations and estate auctions. I.R.A.Y. Auction?s 40-acre auction yard is located at 11935 Hwy 95 NE (on the northwest corner of Hwy 25 and Hwy 95), Foley, Minn. 56329. The site features a drive-over ramp and large registration area with space for vendor booths.