sounds like everything is fine to me
In your whole list of points, everything sounds OK, except your assumption of what you expect true airspeed to be based on your indicated airspeed.
As others above have noted, they are very different. True airspeed is true airspeed - its how fast you are going through the air.
Calibrated airspeed is the equivalent SEA LEVEL air speed that gives the same dynamic pressure (velocity combined with density) as you have at your altitude and true air speed, assuming everything in the instrumentation was correct. It takes a lot more speed to compensate for the lower density, so the sea level equivalent airspeed is lots lower than your TAS at altitude.
Indicated airspeed is what your gage says, with its errors from static pressure measurement error. If there were no errors, it would read the same as the calibrated airspeed.
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Steve Smith
Aeronautical Engineer
RV-8 N825RV
IO-360 A1A
WW 200RV
"The Magic Carpet"
Hobbs 625
LS6-15/18W sailplane SOLD
bought my old LS6-A back!! 
VAF donation Jan 2020
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