Since 1944

Our Story

What began as a regional auction business in Columbia City, Indiana has grown into a nationally recognized company, known for its integrity, expertise and results in land and equipment sales.

  1. 1944

    An auctioneer in Columbia City

    Schrader Real Estate and Auction Co., Inc. was founded by Denzil Schrader when he began as an auctioneer in Columbia City, Indiana. Denzil was soon joined by his brother, Lavern, and together they built a strong reputation for selling farms, farm equipment and livestock across Indiana and Michigan.

    The Schrader sale barn
    The sale barn
    Rex, Denzil and Lavern Schrader
    Rex, Denzil and Lavern
    Selling at the 1958 Winamac 4-H fair
    1958 Winamac 4-H fair
  2. 1967

    Building a national presence

    Expansion accelerated as a strategic plan was implemented to add Schrader representatives throughout the Midwest. Growth in the 1970s included selling land by arranging tax-deferred exchanges for many Midwestern landowners moving operations to other regions of the United States.

  3. 1970s

    The Maximum Marketing Method

    The Maximum Marketing Method, now known as M3, was developed to maximize the sale price of large land tracts at auction. This innovative method, energized by an experienced Schrader team, led to numerous strategic joint-venture auction companies being formed by Schrader.

    Rex and Denzil Schrader in the auction topper truck
    Rex and Denzil in the auction truck
    Working an equipment sale
    Working an equipment sale
    The Schrader team in the 1980s
    The team in the 1980s

    The method drew notice well beyond the Midwest: the story of a Schrader multi-tract auction made the newspapers as the approach spread to landowners across the country.

    Newspaper article about a Schrader auction
  4. Today

    Where experience meets innovation

    Our company joins an elite team of real estate and auction expertise with local, regional and national marketing. Sellers who choose our services have access to a nationally recognized group of auctioneers, consultants and negotiators backed by the reputation of the Schrader Auction Company since 1944. Our principals are certified auctioneers and real estate brokers, each holding professional designations including membership in the Certified Auctioneers Institute (CAI).

    R.D. Schrader calling an auction
    R.D. Schrader on the floor
    A large land auction in Wisconsin
    A large land auction in Wisconsin
    Luke Schrader working as a bid assistant
    Luke as bid assistant

    The combination of these experts with our in-house marketing staff assures you that your property will be marketed through effective pre-auction advertising and promotional exposure in the targeted marketplace, as well as through the dynamics of the auction itself on auction day. Our comprehensive marketing services and proven record of exceeding clients' expectations are what set us apart.

I don't think it could have been done more competently, from the proper division of tracts in the beginning to the ending with the word SOLD! Your preparation for the auction was superb, and the auction was run with the precision of a Swiss watch. We wish to especially thank you for the tremendous amount of work and effort you put in during the entire process. The job Rex did on the floor during the two different auction sessions was nothing short of masterful.
Harry W. Vassels, Vice President, Martin Oil, Ltd., Alsip, Illinois

Eighty years of results

See what land like yours has brought at recent Schrader auctions, or ask an agent what yours would bring today.