The mill was built in 1822 by millwrights Vriesen en Buynink of Lichtenvoorde, Gelderland for Wander Ormel.

Originally known as De Haan, the mill gets its current name of Teunismolen from a farm that stood nearby.

The mill remained in the ownership of the Ormel family until 1906, although it was worked from 1858 by Hendrikus Iding, and later by his son Stephanus.

It was sold by his brother H J Heinin in 1986 to the Gemeente Dinxperlo, which became the municipality Aalten in 2004.

This drives a pair of 1.50 metres (4 ft 11 in) diameter French Burr millstones via a lantern pinion stone nut with 24 staves.