A new and distinct cultivar of Caladium plant named ‘;Heart and Soul’;, characterized by its short to intermediate height; upright and mounding plant habit; dense and bushy appearance; vigorous growth habit and rapid growth rate; lance-type leaves that are dark green in color with greyed purple-colored venation, white, green, red and greyed purple-colored interveinal areas, and dark red-colored random spots; undulate margins give a ruffled appearance to the leaves; and petioles that are light greyed red to light greyed orange in color with greenish brown-colored stipples and streaks.