Hi ak,
Three GCPs are generally not enough to achieve good/accurate georeferencing results, especially when they are not evenly distributed over the area (as it is in your case, where 2 points are very close to each other and the 3rd one is quite far away).
Nevertheless, the large error is probably related to the coordinate reference system. Either you have chosen the wrong coordinate reference system for your GCPs or you might have confused X,Y / Easting,Northing. Or last but not least, you have simple mixed up your 3 GCPs, for example coordinates from GCP10 should be the one of GCP11.
Note: In order to get accurate results, you should use at least 7-9 GCPs, where 5-7 of them are used as control points (checked/enabled in the reference pane) and 2-4 as check points (unchecked/disabled in the reference pane).
Regards,
SAV