The home owners say someone set hundreds of hay bales on fire, but no homes were damaged. The victims say investigators have ruled the fires as arson.
The fire's been smoldering for several days, and firefighters haven't been able to put it out.
"Right now, probably about $40 a bale or $50 a bale," said Darlene Frobeter, "and we probably lost somewhere between 160 and 200 bales of hay."
Frobeter says a reward could be offered for information leading to an arrest in the case. Spencer County Sheriff's deputies are also investigating.