is 11 /1/2 inches of penetration enough to kill this deer?
11 1/2 inches is certainly enough to kill a deer. So much however hinges on the angle of that penetration. I have seen less penetration take out an animal and I have seen complete pass throughs where the animal lives to be hunted another day. If your description is accurate, my guess is, there is a dead buck laying in your hunting area.
Good luck.