who says that tapes are mono in general? Or did you say that your tapes were recorded in mono? I used to have tapes and they were all stereo...
Anyway, I think --alt preset standard encodes in 128kbps by default when the file only has one channel. If you save it as stereo and --alt preset standard doesn't jump higher than 192kbps that's most likely because LAME doesn't need a higher bitrate to encode it...so nothing wrong with it and considering your source it makes sense